Friday, April 26, 2024

Health Insurance

A message from the PEBB Program about increasing retiree premiums

We know that the plan you choose for your retiree insurance coverage through the Public Employees Benefits Board (PEBB) Program is important to you. We’re also aware of the importance of maintaining plan choices and the different factors retirees weigh when selecting a plan. Premiums are increasing for PEBB retirees in 2024  The Public Employees Benefits (PEB) Board met in …

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58th Anniversary of Medicare and Medicaid

58th Anniversary of Medicare and Medicaid On July 30, 1965, legislation that established Medicare and Medicaid was signed into law by President Lyndon B. Johnson. These programs have protected and saved the lives of seniors and people with disabilities for nearly six decades. This year, labor unions across the nation have organized events in celebration of Medicare’s 58th anniversary to …

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CMS Releases Revised Guidance for Historic Medicare Drug Price Negotiation Program

CMS Releases Revised Guidance for Historic Medicare Drug Price Negotiation Program From the Centers for Medicare & Medicaid Services For the first time in history, Medicare has the ability to directly negotiate the prices of covered prescription drugs due to President Biden’s historic prescription drug law, the Inflation Reduction Act. Today, the Centers for Medicare & Medicaid Services (CMS) released …

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PEBB Medicare Retiree Plans Face Proposed Premium Increases

PEBB Medicare Retiree Plans Face Proposed Premium Increases On Thursday, June 29th, the Public Employees Benefits Board (PEBB) met to discuss proposed Medicare plan premium increases for 2024. All available plans to public retirees receiving their healthcare insurance under PEBB are facing increases in premiums, from 3% to an astounding 22%. Although it is typical to see premiums increase year …

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