GIC Commission Meeting - December 19, 2024
Group Insurance Commission · December 19, 2024
The Group Insurance Commission voted to award its dental and vision contract to Altus and received a briefing from consultants and the CFO showing a preliminary FY26 full‑cost premium increase of about 10.5%, driven largely by GLP‑1 drug spending; staff reported FY25 is roughly $100 million over budget through November and the GIC is coordinating with the Administration on funding options.
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