With open enrollment looming on the horizon, Drew Sammons of Selective Financial provided details on Medicare which can be confusing to many older adults. Medicare is a federal health insurance program for people who are 65 or older which is designed to cover the cost of medical expenses. People younger than 65 who suffer from certain chronic illnesses or are …
More options, no decisions on state retiree healthcare plans
The State Employee Benefits Committee retiree subcommittee is considering more options to save the state money on healthcare over the next 20 years. It met Monday and may meet on July 10 and July 20 to discus options. The options presented relate to the “Other Post-Employment Benefits” that the state is trying to cut back on and close the unfunded …