Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
OGB Medicare Advantage study voluntarily deferred after committee review of retiree savings and revenue impacts
Summary
Chairman Bakkelon asked to defer House Concurrent Resolution 7 after receiving analysis showing premium savings for retirees offset by lost federal subsidies and rebates. Committee discussion focused on fund balance, retiree premiums, and overall fiscal impacts across agencies and OGB.
Chairman Bakkelon voluntarily deferred House Concurrent Resolution 7 after committee members reviewed Office of Group Benefits analysis of a potential shift of retiree coverage to Medicare Advantage.
Bakkelon summarized figures provided by OGB staff: retiree premiums currently total roughly $306 million and could drop to about $161 million under a Medicare Advantage option, a gross premium reduction of about $145 million. But OGB staff said federal…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
