1/23/2019
Dear Colleague,
The Group Insurance Commission will recommend that the average health insurance premium will rise 3.3% at its February 7 meeting. Some plans will rise less than this, some more, but the average will be 3.3%. They had a surplus this year (revenue exceeded costs) and their total reserve is now $100 million. (See the attached powerpoint and below for further details.) Their listening tour is in Worcester today and was in Boston yesterday (see the attached). If you cannot attend, please send them your thoughts at GIC.INFO@mass.gov before February 7. Let them know what your health care needs are before they make decisions that increase your costs.
Sincerely,
Marlene Kim
FSU President
Professor, Economics
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