Vote delayed on school employee health plan NJ school employees' health care plan vote delayed amid 34% rate hike
On
For retired school employees, the approval of the vote increases premiums by 11.3% once January hits, or 6.2% for retirees on Medicare.
This comes after actuaries proposed 2027 rates for health insurance
The commission uses the plan analysis, developed by
The treasury's presentation earlier in July outlined the reason for the increases, including reserving funds to pay the money from the relief bill back, increases in drug prices and decreased enrollment in the program.
"Thanks to the advocacy of NJEA members, the
"This allows the state more time to look for ways to lower the cost. We're fighting for short-term fixes and long-term solutions."
A law named Chapter 44, passed and signed into law in 2020, removed the authority the plan design committee had to make design changes to plans until
"Therefore only the Legislature can enact plan reforms that will bring down costs for members and school districts," a NJ treasury spokesperson said.
This means that the committee, generally, cannot lower costs by redesigning benefits, such as raising copays or narrowing coverage before 2028. But this doesn't mean the premiums can't go down.
"The Division [
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