| Insurance rates for state employees will be going up.
State workers and educators can expect
to pay nearly 15 million dollars more for
their health care next fiscal year.
The increases follow yesterday's vote by the
Public Employees Insurance Agency's
Finance Board to raise premium rates, after the agency suffered severe losses.
The new rates will increase average
monthly premiums by seven dollars for
single coverage, 14 dollars for employees
with children and 27 dollars for full family
coverage.
Premium's for retirees will increase
an average of ten percent
for those on Medicare and eleven percent
for other enrollees.
Bigger
discounts for enrollees who don't
use tobacco are in store. The monthly discount for
single coverage will rise from ten dollars
to 15 dollars, and from 20 dollars to 30
dollars for family coverage.
PEIA provides health coverage to about
210,000 state and local employees
and their families.
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