Teacher retirement fund TRS-Care approves lower deductibles with legislature-approved funding
Changes made in the Texas legislature’s special session have officially allowed the TRS-Care board to lower deductibles for Texas retired teachers. Last Friday, the board met to approve changes that lower the in-network deductible for non-Medicare retirees from $3,000 to $1,500 and in-network maximum out of pocket costs from $7,150 to $5,650 for individuals. (Both of these costs are for individuals.) These changes come as a result of a last minute special session appropriation of $212 million to TRS-Care. In the regular session, lawmakers responded to a dire situation at TRS-Care by making significant changes to the offerings the health […]
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Source: Community Impact- Round Rock