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Posted on: July 20, 2018

(SHBP) Recommended 2019 Rates Increase

At the State Health Benefits Commission Rate Renewal meeting AON, the Commission’s consultant, recommended premium rates of 8.2% increase for Active Employees, no increase or decrease for Early Retirees, and a decrease of 12.7% for Medicare Retirees.

At the July 11 State Health Benefits Commission Rate Renewal meeting AON, the Commission’s consultant, recommended premium rates of  8.2% increase for Active Employees, no increase or decrease for Early Retirees, and a decrease of 12.7% for Medicare Retirees. In the aggregate, the recommended rate of action represents an overall rate increase of 4% for the Local Government Group State Health Benefits Program. If you participate in the State Health Benefits Program, we suggest you review the Local Government Group Plan Year 2019 Medical/RX Rate Renewal Recommendation and the Plan Year 2019 Rate Renewal Recommendation Report – Local Government Employer Group.
 
Contact: Lori Buckelew, Senior Legislative Analyst, lbuckelew@njslom.org, 609-695-3481, ext. 112.

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