State Health Benefit Plan will have slightly higher premiums

[private]Teachers and state employees who get insurance coverage under the State Health Benefit Plan (SHBP) will pay, on average, premiums that are 3.7 percent higher for the 2018 plan year.

However, the new rates adopted by the state Board of Community Health on Thursday do not bump up the copays, co-insurance, and deductibles paid by the estimated 650,000 people covered by the $3 billion health plan. Those remain the same.

The health insurance vendors managing the various plan options also will remain the same: UnitedHealthcare, Blue Cross Blue Shield, and Kaiser Permanente.

The SHBP will have a new pharmacy benefits manager in 2018, CVSHealth, which will provide services for the statewide health reimbursement arrangement, HMO, and high deductible health plan options.

Healthways, the wellness program provider for the SHBP, has been acquired by Sharecare and will fill the same role in 2018.

Open enrollment for the new plan year begins Oct. 16 and ends Nov. 3.

© 2017 by The Georgia Report

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Tags: State Health Benefit Plan