{"id":24974,"date":"2018-09-20T11:00:10","date_gmt":"2018-09-20T16:00:10","guid":{"rendered":"https:\/\/trta.org\/?p=24974"},"modified":"2018-09-20T11:00:10","modified_gmt":"2018-09-20T16:00:10","slug":"breaking-trs-makes-no-changes-to-trs-care-benefits","status":"publish","type":"post","link":"https:\/\/trta.org\/es\/breaking-trs-makes-no-changes-to-trs-care-benefits\/","title":{"rendered":"Breaking: TRS Makes No Changes to TRS-Care Benefits"},"content":{"rendered":"<p>The Teacher Retirement System of Texas (TRS) Board of Trustees is holding meetings today and tomorrow. The board was considering increasing premiums to non-Medicare retirees by $50 per month.<\/p>\n<p>However, TRS Executive Director Brian Guthrie has stated that the staff recommendation is to not increase these monthly premiums. Since the benefits committee didn\u2019t act on the proposal to increase premiums, the board won\u2019t increase or change the benefits structure.<\/p>\n<p>Guthrie updated the Benefits Committee on the improved status of TRS-Care. He said that the fund is facing a $238 million budget shortfall. This figure is on the smaller side of previously projected ranges, <a href=\"https:\/\/trta.org\/es\/senate-state-affairs-committee-meets-discusses-future-of-trs-care\/\">which were between $400-$600 million<\/a>.<\/p>\n<p>As a result of the lower figure, and letters from Lt. Gov. Dan Patrick and Sen. Joan Huffman (R \u2013 Houston), as well as support from Sen. Jane Nelson (R \u2013 Flower Mound), Guthrie stated that the perceived legislative intent was to help fill the shortfall during the upcoming legislative session.<\/p>\n<p>\u201cNow that the projections are significantly better this year than they were last year\u2026 we received feedback that the legislative intent has changed,\u201d Guthrie said. \u201cWe trust the legislative process.\u201d<\/p>\n<p>Guthrie attributed the improved number to contract negotiations. TRS-Care also received additional federal reimbursements this year. TRS released the following statement on the issue:<\/p>\n<p>\u201cWhile working on plan year 2019 contract negotiations with Humana, the current third-party administrator of TRS-Care Medicare Advantage; TRS got an improved rate from Humana \u2013 TRS\u2019 risk group resulted in enhanced revenue from CMS to Humana, thus allowing TRS to reduce the rate it pays Humana.\u201d<\/p>\n<p>If the Legislature doesn\u2019t make any changes to TRS-Care funding, it\u2019s likely that TRS will increase premiums, or make other benefit changes, during a board meeting following the legislative session.<\/p>\n<p>The Texas Retired Teachers Association (TRTA) will continue to keep its members informed about the nature of the TRS-Care budget shortfall. Stay tuned to the <em>L\u00ednea interior<\/em> for continued updates on this issue.<\/p>","protected":false},"excerpt":{"rendered":"<p>The Teacher Retirement System of Texas (TRS) Board of Trustees is holding meetings today and tomorrow. The board was considering increasing premiums to non-Medicare retirees by $50 per month. However, TRS Executive Director Brian Guthrie has stated that the staff recommendation is to not increase these monthly premiums. Since the benefits committee didn\u2019t act on [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":24975,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[13],"tags":[],"class_list":["post-24974","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trs-care"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Breaking: TRS Makes No Changes to TRS-Care Benefits - Texas Retired Teachers Association<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trta.org\/es\/breaking-trs-makes-no-changes-to-trs-care-benefits\/\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Breaking: TRS Makes No Changes to TRS-Care Benefits - Texas Retired Teachers Association\" \/>\n<meta property=\"og:description\" content=\"The Teacher Retirement System of Texas (TRS) Board of Trustees is holding meetings today and tomorrow. 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