RPEC Weekly Newsflash, June 30, 2023

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RPEC Weekly Newsflash, June 30, 2023

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 to year, RPEC is particularly concerned about the proposed 22% increase to the Uniform Medical Plan (UMP) Classic Medicare, as just last year RPEC was instrumental in forming a coalition of retiree…

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