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Lawmakers press Treasury on steep health premium increases for state and local plans
Summary
Committee members pressed Treasury about midyear projections that could mean double-digit premium increases for the State Health Benefits Program and municipal plans, and asked about drivers, enrollment in the Garden State Health Plan and potential impacts on municipalities and hospitals.
During a session of the legislative budget committee, members pressed Treasury officials about rising health-care costs for state employees and local government participants, pointing to an Aon midyear analysis and asking whether large premium hikes can be mitigated.
"The drivers of the cost increases is not gonna change with the number of TPAs," the treasurer said, describing inflation in medical services, high utilization of outpatient procedures and rising prescription drug costs as…
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