Sep 25, 2015 1:20 PM
State faces $10.6 million in retiree health benefit program
The Associated Press
CONCORD — Facing a $10.6 million shortfall in the state's retiree health benefit program, policymakers are considering a proposal to raise copayments and premium costs for the state's nearly 12,000 retirees.
Officials from the Department of Administrative Services presented a legislative committee with suggested changes Friday, but lawmakers pushed off the decision on whether to implement them after heated debate.
The proposed changes would have raised premium contributions for people under 65 from 12.5 to 15 percent and increased copays on prescription drugs for all retirees beginning Jan. 1. For every month of delay, officials say the state loses $378,000 in savings.
Of New Hampshire's retirees, 8,800 are over the age of 65 and roughly 3,000 are under 65. The fiscal committee isn't authorized to raise premium costs for retirees over 65.