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WV PEIA Hosting Public Hearings On Proposed Increases

Posted on 11/10/24

Representatives of the West Virginia Public Employees Insurance Agency (PEIA) are taking a series of proposed plan changes out for public comment to several communities around the Mountain State.

WV-PEIAIncreases.png

The health care insurance plan for West Virginia's state and county employees and public sector retirees has continued to face rising costs, according to the agency's leaders.

“PEIA has a multifaceted problem, we’ve seen growth in expense, or growth in the cost of reimbursement to providers. We see substantial growth in cost of prescription drugs. So what we as a team here at PEIA are seeking to do with the support of the board is to take a multi faceted approach to the fix,” PEIA Director Brian Cunningham told members of the PEIA Finance Board at their October meeting, where details of the formal proposal were outlined and presented to board members.

Among the proposed changes in PEIA's Fiscal Year 2026 plan:

  • An average 14% premium increase for state employees;
  • An average 12% increase in premiums for retirees and non-Medicare retirees;
  • A 40% increase in deductibles and out-of-pocket maximums for employees and non-Medicare retirees;
  • An expected increase in the spousal surcharge from $147 to $350; and
  • Other increases in copays, including therapy, ER, inpatient/outpatient, and pharmacy charges.

The PEIA public hearings began Nov. 7 and continue through Nov. 21. The PEIA Finance Board is expected to vote on the proposed increases at its Dec. 5 meeting.

Date/CityLocationTime
Nov. 7, 2024
Beckley
Beckley-Raleigh Convention Center
200 Armory Drive
Beckley, WV 25801
Registration:  5:30-6pm
Begins:  6pm
Nov. 12, 2024
Martinsburg
Holiday Inn Martinsburg
301 Foxcroft Avenue
Martinsburg, WV 25401
Registration:  5:30-6pm
Begins:  6pm
Nov. 14, 2024
Wheeling
The Highlands Event Center
355 Wharton Circle, Suite 253
Triadelphia, WV 26059
Registration:  5:30-6pm
Begins:  6pm
Nov. 18, 2024
Virtual Town Hall
Join by computer or smartphone: meet.google.com/fxe-wtgm-peg
Join by phone: 1-413-350-0825‬​
PIN Number:  ‪426 346 783‬#
No Registration Period.
Begins:  6pm
Nov. 19, 2024
Morgantown
The Erickson Alumni Center
1 Alumni Drive
Morgantown, WV 26506
Registration:  5:30-6pm
Begins:  6pm
Nov. 21, 2024
Charleston
The Culture Center
1900 Kanawha Boulevard East
Charleston, WV 25305
Registration:  5:30-6pm
Begins:  6pm

Comments from those who cannot attend may be submitted in writing to the Finance Board at 601 57th St. SE, Suite 2, Charleston, WV 25304-2345, or by email to PEIAComments@wv.gov​.

This story is provided by AARP West Virginia. Visit the AARP West Virginia page for more news, events, and programs affecting retirement, health care, and more.

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