August 5, 2008
PEIA board member says rate hike probable in fall
State employees have enjoyed two straight years with no increases in their Public Employees Insurance Agency health premiums - but a steep jump in medical claims this year will likely force PEIA to propose rate hikes this fall.
"It's likely to be an ugly fall - it really is," Perry Bryant, PEIA Finance Board member and executive director of West Virginians for Affordable Health Care, said Monday.
Claims paid by PEIA for the recently ended 2007-08 budget year jumped more than $35 million, to $454.4 million.
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2 Comments
Posted By: Bankruptcy Pending (8:37am 08-05-2008)
We get a pitiful 3% raise and then they raise our insurance premiums! Guess Manchin doesn't want re-elected or he will put a stop tho this crap or give us a better raise. The economy is going under and we are all better off on welfare.
Posted By: SoTired (8:09am 08-05-2008)
PEIA is the Perfect Example of an Incompetent Agency.
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