RD218 (Published 2007) - Special Report on the Renewal Cost of the State Employee Health Insurance Program

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RD218 - Special Report on the Renewal Cost of the State Employee Health Insurance Program

Published: 2007
Author: Department of Human Resource Management
Enabling Authority: Appropriation Act - Item 77 H. (Regular Session, 2007)

Report

Executive Summary:
An eight percent premium increase is projected based on current trend, and the impact on the COVA Care Basic premium is shown in the chart below. This assumes there are no benefit changes to the current plan, and includes a 1.75% OPEB phase-in for FY 08 and FY09 base premiums.