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The State Employee Benefits Committee gears up to vote on further state health insurance rate increases after this year’s 27% hike.
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The State Employee Benefits Committee approves an increased budget for the current fiscal year based on a 27% health insurance premium hike for state employees, higher enrollment and increased prescription drug utilization.
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Delaware's Health Insurance Marketplace opens Nov. 1 with 45 different plans for consumers to choose from.
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The body in charge of the state health insurance plan voted for across the board trend assumption increases to account for rising healthcare costs.
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Delaware’s state health insurance plan is starting preliminary trend predictions for FY25, which includes a 272% increase in spending on weight loss drugs.
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The body in charge of state employee health insurance plans prepares to vote on new trend increases after ending the year in a $10 million deficit.
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The state employee health insurance account continues to hold off its expected cash shortfall, but additional premium hikes are still likely.
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New data expects the state's health insurance fund to run close to a $39 million deficit by the end of the fiscal year.
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Last fall, Delaware joined several states and Medicaid in deciding to cover weight loss drugs, but there have been more prescriptions than expected.
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An AARP study shows retail drug prices are increasing exceeding the general inflation rate and the group wants lawmakers to take action According to the…