Articles about the State GIC that may be useful to Massachusetts retirees

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GIC INSURANCE PREMIUM COSTS GOING UP

March 6, 2015
Governor Proposes Higher Employee Contributions MARCH 5, 2015: Monthly insurance premiums for the 425,000 enrollees of the state’s ...Read More - GIC INSURANCE PREMIUM COSTS GOING UP
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CVS CareMark Retained by GIC

February 20, 2015
Reduces Costs by $145m Over Three-Years FEBRUARY 18, 2015: Following an extensive search process, the state’s Group Insurance ...Read More - CVS CareMark Retained by GIC
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GIC APPROVES 2016 COPAYMENT & DEDUCTIBLE HIKE

February 17, 2015
Association Deeply Opposes $60m Cost Shift FEBRUARY 17, 2015: Over the objections of our Association and union representatives, the Commonwealth ...Read More - GIC APPROVES 2016 COPAYMENT & DEDUCTIBLE HIKE
Association Opposes Increased Copayment & Deductibles

Association Opposes Increased Copayment & Deductibles

February 5, 2015
GIC Holds Annual Public Hearing February 4, 2015:  Association officials were present and offered testimony at the state Group ...Read More - Association Opposes Increased Copayment & Deductibles
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GIC REPORTS $120 MILLION DEFICIT

December 19, 2014
Adds Pressure to Growing State Budget Gap DECEMBER 19, 2014: As reported in the January 2014 edition of the Voice ...Read More - GIC REPORTS $120 MILLION DEFICIT
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WARNING SIGNS FROM GIC

November 21, 2014
Budget Shortfall Could Trigger Benefit Changes in 2015 NOVEMBER 21, 2014: At its monthly meeting, the state’s Group Insurance ...Read More - WARNING SIGNS FROM GIC
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Retiree Healthcare Siege Continues

October 1, 2014
MTF Report MisleadingOCTOBER 1, 2014: Last week, the Mass. Taxpayers Foundation (MTF) released its latest report on municipal retiree health ...Read More - Retiree Healthcare Siege Continues
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Legislature Extends Insurance Moratorium

July 15, 2014
Teachers and Municipal Retirees ProtectedJuly 2014 Voice: Retired teachers and municipal employees will receive a two-year reprieve from increased ...Read More - Legislature Extends Insurance Moratorium
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Budget Accord Reached

July 1, 2014
Healthcare Contribution Moratorium ApprovedJUNE 30, 2014: House and Senate budget negotiators reached an agreement on the Commonwealth’s $36.4 ...Read More - Budget Accord Reached
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Retiree Dental Enrollment Climbs

June 13, 2014
GIC Plan Adds 2,300 For FY15JUNE 13, 2014: At its monthly meeting held today, the state’s Group Insurance ...Read More - Retiree Dental Enrollment Climbs