HD12 - Report of the HJR 131 Joint Subcommittee on Life Insurance and Health Care Coverage Alternatives for Certain Employees Who Retire at an Early Age
Executive Summary: HJR 131 was approved by the 1984 General Assembly for the purpose of studying health insurance and life insurance coverage alternatives for State and local employees who retire at an early age. Health care coverage for two employee groups in particular, are often cited as needing review: 1) teachers who retire early, but whose employers do not permit membership in the group health insurance plan provided to active employees, and 2) State retirees who may enroll in the State's group plan for active employees, but who seek State assistance in meeting the plan's premiums. The Joint Subcommittee consisted of five members. Three were appointed from the House Appropriations Committee and two from the Senate Finance Committee. The Subcommittee held meetings on November 12, 1984 and December 20, 1984. During the course of its study, the Subcommittee heard testimony and received assistance from representatives of the following organizations: • Virginia Governmental Employees Association • Virginia Education Association • Department of Personnel and Training • Virginia Supplemental Retirement System • Blue Cross/Blue Shield of Virginia • Johnson and Higgins of Virginia, Inc. • William M. Mercer - Meidinger, Inc. This report is organized according to the three major proposals reviewed by the Joint Subcommittee: health insurance coverage for retired teachers and political subdivision employees, health insurance costs for State retirees, and life insurance coverage for State retirees. |
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