CHARLESTON, W.Va. (AP) — State and public school employees covered by West Virginia's public employee insurance plan likely will see no increases in their health insurance premiums next year.
The Charleston Gazette reports (http://bit.ly/15NOv2o ) that the Public Employees Insurance Agency Finance Board has tentatively approved a 2014-15 plan containing only minor changes in two categories of co-pays. If the plan wins final approval, it will mark the third straight year that premiums will not be increased.
Ted Cheatham is the insurance agency's executive director. He says the premium freeze is possible because of less-than-projected expenses and strong investment earnings during the past year.
A final vote on the freeze will be taken in December after a series of public hearings around the state.
Information from: The Charleston Gazette, http://www.wvgazette.com