Illinois state retirees have been holding their breath and many were fearing the worst these past weeks.
Today Central Management Services released some of the information that retirees who are Medicare eligible and using the state health care system have been waiting for.
For most the news will be good for a change.
Although every individual has different needs, the news of the plan produced an audible sigh of relief among the nearly 400 hundred delegates of the Illinois Retired Teachers Association meeting today and tomorrow in Springfield.
The cost of premiums is available here.
Individual premiums will be 75% subsidized.
Dependent coverage will be 25% subsidized.
Any doctor that accepts Medicare will accept users of Medicare Advantage.
All Medicare benefits that are currently provided will continue to be provided.
The deductible is reduced from the current Cigna plan from $500 to $250.
Out-of-pocket is reduced from $1250 to $1000.
A drug plan is included.
Many people will still have questions. But those meeting here were pleased at the news.
Finally it appears Illinois state retirees are hearing something good.
I am looking forward to hearing the reaction from readers.