The state health plan board voted to allow the plan to charge state employees different premiums based on their salaries. The board will set monthly prices later this year.

For example, if using the rate of pay safe harbor, premiums for an employee making $20/hour were affordable in 2023 if they were less than $237.12. In 2024, for that same employee, the premium is ...

Employee premiums will likely be increased from $300 a year to around $550 a year, Briner said. That will still be a bargain compared to private sector health insurance premiums, he said.

According to HR consultant Mercer, U.S. medical plan costs per employee will rise by 5.6% in 2023, 1.2% higher than last year — and premiums will rise with it. The Kaiser Family Foundation estimates ...

Employees making less than $65,000 per year would have an increase between $20-$25. Briner is a Republican who won the 2024 election to replace former Treasurer Dale Folwell, a fellow Republican.

The premium increases will be needed to cover what the plan projects will be a 3.6% increase in medical and pharmaceutical expenses in 2022-23, a 3.5% increase in 2023-24, and hikes in excess of ...