The Group Insurance Board yesterday received an update on preliminary rate setting for the Group Health Insurance Program, amid rising health benefit costs. The Board also voted against offering a new pharmacy cost-savings program in 2024 and addressed other business.
Prior to this year’s health benefits open enrollment period, ETF has made the following updates to the health and supplemental benefits web content of the ETF website.
The Employee Reimbursement Accounts (ERA) Program is an optional benefit that allows participants to use pre-tax dollars to pay for certain Internal Revenue Service-approved expenses.
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This report presents the results of the annual actuarial valuation of benefit liabilities and costs of the Accumulated Sick Leave Conversion Credit (ASLCC) Programs as of December 31, 2002.