Articles about the State GIC that may be useful to Massachusetts retirees
GIC Mandate Proposed
Filing his third barebones budget in as many years, Governor Deval Patrick has proposed a significant change to local health insurance plans in an attempt to plug growing budget deficits that are the result of the ongoing economic recession.
In addition to slashing the budget of the stateâ€™s Group Insurance Commission (GIC) by $100 million for FY12, the Governor is also proposing a 7% cut in non-school local aid to cities and towns. In order to offset local aid cuts, Patrick has reintroduced a plan that could drastically alter municipal health plans.
Health Fairs Focus On Employee Reenrollment
FEBRUARY 14, 2011: The state's Group Insurance Commission has put plans in place that, if successful, are expected to save the Commonwealth upwards of $100 million for FY12, beginning on July 1, 2011. Under the plan, active state employees, enrolled in one of six limited network low-cost plans offered by the GIC for the coming year will receive free coverage for three months - a so-called "Premium Holiday."
Municipal Leaders Demand Control
JANUARY 2011 VOICE: Within days of the November election, a coalition of mayors and the Mass. Municipal Association were back on Beacon Hill in an attempt to rally support to grant local officials complete control over health insurance plan design.