PEIA rates capped for 2013 - WOWK 13 Charleston, Huntington WV News, Weather, Sports

PEIA rates capped for 2013

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CHARLESTON (AP) — Those in West Virginia insured by the Public Employees Insurance Agency won't pay higher health insurance premiums and won't have any reductions in benefits in 2013.

The PEIA Finance Board on Thursday approved a 2013-14 benefit plan without a proposed increase in out-of-pocket maximum co-payments for family coverage. Officials also voted to keep drug co-payment rates the same.

Media outlets report that officials planned to recommend an increase in some employees' maximum out-of-pocket expenses in the budget year that starts next summer, but Gov. Earl Ray Tomblin's office notified the agency before the meeting that the agency would receive an additional $4 million in funding next year to prevent those costs from increasing.

With the changes approved Thursday, it will effectively be a one-year continuation of the current benefits plan.

Copyright 2012 The Associated Press