GIC Commission Meeting - May 15, 2025

Group Insurance Commission · September 16, 2024

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1:14:16

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Welcome, introductions and new commissioner

Announcement

0:11 → 4:04(3m 53s)

Chair Valerie Sullivan opened the May GIC meeting, introduced commissioners and welcomed newly appointed commissioner Kristen Pepin (who said she succeeded Liz Shabot and identified herself as president of Local 229 Union and a longtime probation officer and state employee).

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At its May 12, 2025 meeting, the Group Insurance Commission discussed a projected fiscal-year shortfall and a contingency that temporarily delayed medical claim payments while pharmacy claims continued to be paid; commissioners also reviewed an out‑of‑pocket report showing stable member costs but rising GIC-paid spending driven in part by GLP‑1 drugs.

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Transcript

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