MEA-Retired News
Retirees will pay more for insurance in 2010
Public school retirees will pay a new $10 monthly premium for prescription drug coverage beginning Jan. 1, 2010. Also, the prescription program will be run by an out-of-state drug benefit company.
Proposed changes to retirees health insurance for January 1, 2010
Thursday, July 23, 2009, the MPSERS Board met and adopted the proposed changes to our health insurance the Health Imitative Review Committee (HIRC) recommended.
- Non-Medicare and Medicare contracts will no longer have a family deductible maximum.
- Once the coinsurance maximums have been met, ER services will be subject to a flat $50.00 co-pay with no maximum.
- Healthy living will be emphasized. This will consist of non Medicare members completing the Health Assessment within the program timeframe. They will have lower co-pays and deductibles. Non-Medicare members who do not complete the Health Assessment within the timeframe will have the higher proposed co-pays and deductibles.
- Medicare members will not take a Health Assessment for 2010 and will automatically receive the Healthily Living fees since they were recently surveyed.
- The proposed cost for 2010 for coinsurance maximum is $700 and $600 for healthy living.
- The proposed pharmacy maximum for 2010 is $1,000 and $900 for healthy living.
- The proposed deductible for 2010 is $400 and $300 for healthy living.
- A $50 charge will be assessed for all emergency room visits. If the patient is admitted to the hospital, the $50 will be waived.
Be alert for the Healthy Living Communications. In the August/September Healthy Living, participants will receive a welcome letter explaining the program. In October 2009-December 2009, a 30 day reminder letter will be sent to members, reminding them to complete the Health Assessment if they have not already done so. The Best of Health will also contain information.
What’s next? The Office of Retirement Services will communicate with all members September through December of 2009.
- Implementation will take place January 1, 2010
- The MPSERS Board is taking bids for companies to manage our health insurance and prescription drug plan. The MPSERS Board hopes to make a decision at the September 10, 2009, Board meeting. The meetings are at 10:30 a.m.
Editor: Judy Foster
Updated: November 2, 2009 11:56 AM
Other News
2009 Summer Michigan Retirement Report (PDF)
2009 Spring Michigan Retirement Report (PDF)
2009 Winter Michigan Retirement Report (PDF)
2008 Fall Michigan Retirement Report (PDF)
2008 Summer Michigan Retirement Report (PDF)
2008 Spring Michigan Retirement Report (PDF)
Health Insurance Changes for April 1, 2008 (PDF)