Friday, April 26, 2024

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Rate change approved for 2022 Exchange health insurance market

From the Office of the Insurance Commissioner: Average 4.17% rate change approved for 2022 Exchange health insurance market September 20, 2021 OLYMPIA, Wash. – An average 4.17% rate change has been approved for next year’s Exchange health insurance market. Twelve insurers will sell plans on Washington’s Exchange in 2022. Rates and plans for additional insurers selling only outside of the Exchange are …

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WSIB Enhances Retirement Strategy Funds

From the Department of Retirement Systems: WSIB Enhances Retirement Strategy Funds This fall, a change is coming to DRS Retirement Strategy Funds (RSFs), which are provided by Washington State Investment Board (WSIB). They will include a new component called the Total Allocation Portfolio (TAP). The TAP includes a broad mix of asset classes including public market investments (public equities and fixed income) plus …

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Social Security’s Finances Remain Strong, Annual Trustees Reports Show

From the Alliance for Retired Americans. Social Security’s Finances Remain Strong, Annual Trustees Reports Show The Trustees for the Social Security and Medicare Trust Funds released their annual reports on the programs on Tuesday. The reports show that Social Security remains strong and solvent with enough money to cover all payouts and expenses until 2034, while the Medicare Part A …

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2022 PEBB Medical Premiums Available

2022 PEBB Medical Premiums Available The PEB Board has approved the Non-Medicare and Medicare Retiree premiums for 2022.  The Uniform Medical Plan-Classic Medicare (UMP) premium will rise by $28.57 per month (9%), while most other plans will have increases as small as $0.57 per month or in some cases slight decreases in premiums.  This is a continuation of a troubling …

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