The PEIA Finance Board met today and released the proposed plan for fiscal year 2026. This plan contains devasting increases in premiums, copays, deductibles and out of pocket costs for education and public employees.
Here's an overview of what the proposal would mean for employees:
- A 14% increase in premiums for active employees, 12% for retirees;
- A 40% increase in deductibles and out-of-pocket maximums for employees and non-Medicare retirees;
- An expected increase in the spousal surcharge from $149 to $350; and
- Other increases in copays – including therapy, ER, inpatient and pharmacy charges
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