Posts > PEIA Takes Another Premium Increase Out for Public Comment
November 6, 2023

PEIA Takes Another Premium Increase Out for Public Comment

West Virginia MetroNews, Dominion Post – PEIA’s Finance Board is going around the state for conversations about what many public employees will likely consider bad news, a 10 percent premium increase for the coming year.

Read the full article.

That’s on top of a 24 percent increase for state employees and educators instituted for the current year — changes that have gone hand-in-hand following legislation mandating that the insurance plans snap back to an 80-20 cost split between the government employer and insured employees.

Organizations that represent workers have acknowledged they’re aware that people covered by the Public Employees Insurance Agency have not experienced the same kind of premium increases as private sector workers over the past few years. Still, the back-to-back cost bumps represent sticker shock, said leaders of organizations representing public employees.

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