Pages

Wednesday, June 19, 2019

Footnote on the Runaway Retiree Healthcare Train

If you've been following our postings on the runaway health care train,* here's a little item of interest. The train is being driven by the threat that premiums will go up a lot if the system isn't privatized. But here's a little note in the news:

Health insurance premiums for CalPERS members are going up next year, but rates will be lower than insurers initially requested... CalPERS’ most popular PPO, called PERS Choice, will go up 2.9 percent... 

The proposed runaway train plan is said to be some type of cross between a PPO and an HMO.

Premiums for CalPERS’ PPO-style Medicare Advantage plans are decreasing an average 2.5 percent, while the fund’s HMO-style Medicare Advantage plans are increasing by an average of about 6 percent...  [which suggests that a hybrid of the two would go up by something like PERS Choice.]

Full story at https://www.sacbee.com/news/politics-government/the-state-worker/article231702953.html

Anyone asking about Bait and Switch by the carriers? Anyone asking how the bids UC is getting compare with CalPERS' rates? When you're on a short deadline/runaway train, there is little time for asking such questions.
=============
*If you haven't been following the story, go to:
http://uclafacultyassociation.blogspot.com/2019/06/timetable-of-runaway-train-on-retiree.html

No comments:

Post a Comment