NH retiree health plan increases
On Tuesday, October 20 the Joint Legislative Fiscal Committee voted to increase prescription co-pays for all state retirees.
The co-pay increase is one of several proposed measures to close a roughly $10 million projected deficit in the retiree health insurance program.
According to the Department of Administrative Services, the deficit is due to under-funding from the legislature and an increase in the number of high-cost specialty drugs available to patients.
Supporters of the co-pay increase argue that $5 to $10 per prescription is a reasonable price for retirees to pay to keep their health insurance solvent.
Opponents, including Gov. Maggie Hassan, argue that New Hampshire's seniors can not afford a co-pay increase. Hassan proposed covering the deficit with funds from a variety of other state departments.
The Committee will meet again in November to discuss several other proposals to cover the deficit, from increasing premiums to establishing a limited network of providers.
How do you think the state should cover the projected deficit in retiree health insurance? Comment below!
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