TRS releases ActiveCare rates for 2020
Retirement | TRS | Social Security
Date Posted: 4/26/2019 | Author: Monty Exter
The board of trustees for the Teacher Retirement System (TRS) of Texas met in Austin this week. Of note on their agenda was a discussion of proposed TRS-ActiveCare pricing for 2020.
Overall, the premiums for all ActiveCare plans will be increased by 3.9 percent on average, which is significantly lower than market averages, with the average increase for the ActiveCare I - High Deductible plan and ActiveCare Select at 3 percent and the increase for the ActiveCare II plan at 8.9 percent.
Note: ActiveCare II was closed to new enrollees after the 2018 plan year.
You can see the exact premium increases and benefits changes for the different coverage options on the attached rate card, or for more in-depth information, view the TRS Benefits Committee board board book at pages 16-31.
If you have questions about TRS-ActiveCare plans, visit the TRS-ActiveCare web page or call 1-800-222-9205.
CONVERSATION
RECOMMENDED FOR YOU
05/07/2024
May 4 Election Results
Voter turnout was low all over Texas, but the voters that did turn out supported our public schools.
05/03/2024
Teach the Vote’s Week in Review: May 3, 2024
School board and bond elections are tomorrow, runoffs are just around the corner, and vouchers are (still) unpopular among the majority of Texas voters.
05/03/2024
TRS Board discusses Medicare Advantage premiums, sets TRS-ActiveCare employer plan rates
A vote to lower TRS Medicare Advantage premiums is expected in July. Also, nominations are open for at-large and retired board positions.