"Within the legislative appropriation bill, they made it very clear it was their intent that employees not have increases in out-of-pocket costs, which includes premiums and benefits," Ashmore said after the meeting.
State employees currently pay a base rate of
The board did approve a
The law required a 20 percent increase each year over five years. It aimed to bring parity to state contributions for active and retired employees, Ashmore said, which had gone "upside down" prior to that.
"We have seen the early retiree population really slow down," he said. "It's not growing nearly as fast as it was five or six years ago."
Dental premiums will remain unchanged.
The board also voted to implement a re-enrollment plan that would give the approximately 55,000 employees in the program the chance to consider other options. Employees who decided not to switch plans would keep their current plans, though the board next year will consider a proposal to give an opt-out for employees who choose not to enroll during a 90-day grace period following open enrollment.
"We're going to have a learning curve among employees, people falling off who don't intend to fall off . . . we felt we have to extend the education process," she said.
The state pays
Revenues in the SEIB have sagged in recent years due to the reductions in the state employee workforce since
"As you lose employees, you lose funding," he said. "But the people who leave state services, they just retire."
The rates after discounts are cheaper than the private market. According to the
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