RELEASE: 2016 insurance premiums set for government employees

-- NEWS RELEASE --

For Immediate Release

PRESTON L. DOERFLINGER
Secretary
Finance, Administration
and Information Technology

MARY FALLIN
Governor

Aug. 19, 2015

2016 insurance premiums set for government employees

OKLAHOMA CITY — The Office of Management and Enterprise Services (OMES) on Tuesday approved premium rates for health, dental, life, disability and vision insurance products to be offered to state, education and many local government employees, retirees and dependents for 2016.

The rates were recommended by the Oklahoma Employees Insurance and Benefits Board and approved by OMES Director Preston L. Doerflinger.

The rates presented at the Friday, Aug. 14, board meeting included overall increases of 4.35 percent for the self-funded HealthChoice PPO plans offered to current employees and pre-Medicare retirees and a 5.5 percent increase for the HealthChoice Medicare supplement plans. These increases are consistent with rate increases of similar, large health insurance plans, according to the board’s actuary, Aon Hewitt Consulting.

HealthChoice is the state’s self-funded insurance plan administered by OMES.

Other 2016 HealthChoice rates included a 1.4 percent increase in the HealthChoice High Deductible Health Plan premium, and a small increase in premiums for the age-rated portion of the HealthChoice Life Insurance Plan. The premiums for the HealthChoice Dental Plan and the HealthChoice Disability Plan will remain unchanged for 2016.

“While we continue to be fortunate with lower than expected cost increases, we remain committed in our efforts to contain costs while providing quality health insurance coverage for Oklahoma’s public employees,” said acting board Chairman Jimmy Williams. “HealthChoice will introduce several cost-saving measures for 2016. One measure is the launch of a new plan, called HealthChoice FOCUS. This new plan has been developed in cooperation with Oklahoma Health Network and will offer lower out-of-pocket costs to pre-Medicare former employees and their covered dependents.”

In addition to setting HealthChoice rates, OMES awarded four 2016 contracts to health maintenance organizations (HMO). For 2016, existing HMOs CommunityCare and Global Health will be joined by two additional HMOs, Aetna and Blue Cross Blue Shield.

For primary members, Aetna will offer a premium of $515.82 and Blue Cross Blue Shield will offer a premium of $595.34. CommunityCare and GlobalHealth premiums will see overall increases of 11.9 percent and 4.7 percent, respectively.

“Even in the face of a tight state budget, we tried to be sensitive to the needs of members and provide the best options for coverage at the lowest possible rates,” said OMES Human Capital Management Administrator Lucinda Meltabarger.

The approved rates will take effect Jan. 1, 2016 and can be viewed here: http://ok.gov/sib/Member/Premiums/index.html


Media Contact

JOHN ESTUS
Director of Public Affairs
(405) 521-3097 | john.estus@omes.ok.gov


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About the Office of Management and Enterprise Services

The Office of Management and Enterprise Services provides financial, property, purchasing, human resources and information technology services to all state agencies, and assists the Governor’s Office on budgetary policy matters. Our mission: Supporting our partners through unified business services. For more information, visit OMES.OK.gov.