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Posts tagged ‘Teachers Retirement Board’

Underfunding by Legislature Leads to Changes to Retired Teachers’ Health Insurance

A change to the retired teachers’ health insurance program that was adopted by the State Teachers’ Retirement Board (TRB) this month will impact retired teachers and spouses who are on—or will soon be on—the TRB’s Medicare supplement (65 and older) plan.

The new base plan will actually have a lower premium ($134 per person, per month) and it will be a Medicare Advantage plan through Anthem. The TRB will continue to offer the current Stirling plan, but it will be a buy-up, at $259 per person, per month, for the full package that includes drugs, dental, vision, and hearing coverage. Read more