Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Treasurer’s office says teacher‑retiree health vendor change cut projected costs; members urged to report issues
Summary
Tim Duggan told the Senate Government Operations Committee the teacher retiree healthcare plan moved vendors at the start of 2026, projecting about $11 million in premium savings and roughly $20 million in annual ADEC savings this session while acknowledging transition challenges for members.
Tim Duggan, director of the Vermont Retirement Systems, told the Senate Government Operations Committee on Jan. 9 that the teachers’ retiree health plan transitioned to a new vendor effective Jan. 1, 2026, and that the change is expected to produce immediate savings and reduced contribution requests for this session.
Duggan said the office moved Medicare‑eligible and other retiree coverage to a vendor with Medicare‑advantage experience and that prior incumbent Vermont Blue Advantage no longer serves members in this plan. He reported a “rough cut”…
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
