Mar 26, 2014

Mass. Health Insurance Premium Increase Lowest in Ten Years

​The Massachusetts Group Insurance Commission this month voted for a 1 percent increase to state health insurance premiums for fiscal year 2015, the lowest rate increase in more than 10 years.
 
NAGE National Vice President Margaret Thompson, who serves on the Group Insurance Commission said, "Containing health care costs for our members and all state employees is obviously a huge priority. Keeping the rate increase to just 1 percent in the turbulent times we're facing in health care feels like a great victory. I'm proud that NAGE had a role in keeping costs down."
 
Thompson serves on the commission with NAGE attorney Richard Waring. NAGE is the only labor union to have two representatives on the GIC.
 
Waring said, “With this small increase, the GIC rate increases continue to be lower than the trend of employers across the country. Those organizations are predicted to raise rates by more than 5 percent in 2015. The GIC works very hard behind the scenes to try to keep health care costs for state employees as low as possible."

Only a life lived for others is a life worthwhile. - Albert Einstein
NAGE HEADQUARTERS 159 Burgin Parkway
Quincy, MA 02169
Main Phone: (617)376-0220
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