Latest from Mass Retirees

GIC Sets FY18 Insurance Rates

Mass Retirees - Fri, 03/03/2017 - 5:23pm
OME Plan To Increase 1.6%

MARCH 3, 2017: This week the Commonwealth’s Group Insurance Commission (GIC) voted to set insurance plan rates for FY18, which begins July 1.

Rates for the popular Optional Medicare Extension (OME) plan will increase by 1.6%. Last year rates for this plan decreased by 7.1%.

Retirees not eligible for Medicare, who are insured under the GIC’s Indemnity Plan with CIC coverage (run by UniCare) face a 3.6% increase. The average increase across all GIC sponsored plans is 3.8% for the coming year.

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Retirees Push Back on Cost Shifting

Mass Retirees - Fri, 02/17/2017 - 4:58pm

GIC Lowers Medicare Copayment

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GIC Set To Increase Out-of-Pocket Costs

Mass Retirees - Fri, 02/10/2017 - 4:09pm
Association Calls for Reconsideration

FEBRUARY 10, 2017: The state’s Group Insurance Commission is scheduled to meet on Tuesday, February 14th to finalize plan design and rates for FY17, which begins July 1.

Together with a coalition of active employee unions, our Association has called upon Governor Charlie Baker and the GIC to reconsider its plan to increase out-of-pocket costs. Baker, like past governors, controls all appointments to the Commission.

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With Trump meeting today, Richard Neal of Mass. enters tax overhaul fray

Mass Retirees - Thu, 02/02/2017 - 12:00am
By Victoria McGrane Globe Staff

WASHINGTON — He’s known as the insider’s insider, a veteran relationship-builder on Capitol Hill, a quiet dealmaker.

Now the low-key, pragmatic Massachusetts lawmaker, Representative Richard Neal, is facing a challenge that could win him a new title: Miracle-worker.

Read Full Article:  Boston Globe

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Valeri Elected to State Retirement Board

Mass Retirees - Fri, 12/23/2016 - 11:04am
Succeeds Association Founder Ralph White

The following is special message from Association President Frank Valeri:

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Attention State Retirement System Retirees: Maris Update!

Mass Retirees - Fri, 12/23/2016 - 11:00am

This coming January, the Massachusetts State Retirement Board (MSRB) will implement the first phase of its new information system, MARIS, replacing the Board’s current forty-year-old computer system.

For retirees of the Massachusetts State Employees’ Retirement System (MSERS), the first monthly benefit payment using MARIS will be the regularly scheduled payment for January 2017. 

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How Trump May Remake Medicare

Mass Retirees - Fri, 12/09/2016 - 3:40pm

Howard Gleckman,  Forbes Contributor

During his presidential campaign, Donald Trump was largely silent on Medicare, though he often suggested he’d leave the program untouched.

Not any more. It now looks as if Trump may push for major changes in the principal health care program for older adults and some younger people with disabilities. But what will he do?

Read Full Article:  Forbes Magazine

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