{"id":2738,"date":"2016-06-16T11:42:13","date_gmt":"2016-06-16T16:42:13","guid":{"rendered":"https:\/\/trta.org\/?p=2738"},"modified":"2016-06-16T11:42:13","modified_gmt":"2016-06-16T16:42:13","slug":"health-care-crisis-results-in-trs-care-benefit-reductions-new-medicare-advantage-provider-approved","status":"publish","type":"post","link":"https:\/\/trta.org\/es\/health-care-crisis-results-in-trs-care-benefit-reductions-new-medicare-advantage-provider-approved\/","title":{"rendered":"Health Care Crisis Results in TRS-Care Benefit Reductions; New Medicare Advantage Provider Approved"},"content":{"rendered":"<p>The Teacher Retirement System of Texas (TRS) Board of Trustees adopted numerous plan design changes to the TRS-Care program. These changes include:<\/p>\n<ul>\n<li>increased deductibles.<\/li>\n<li>increased out-of-pocket maximum costs.<\/li>\n<li>new convenience fees for local pharmacy prescription drug fills.<\/li>\n<li>new rules on Medicare D.<\/li>\n<\/ul>\n<p>The plan changes are projected to cost TRS-Care participants more than $43 million.<\/p>\n<p>Among the changes, TRS is introducing Humana as a new Medicare Advantage provider. Humana will now work alongside Aetna, the long-time administrator of the TRS-Care traditional plan. Express Scripts will continue to manage pharmacy benefits. Humana contract negotiations are pending with TRS and will go into effect January 1, 2017. Humana brings a strong background in the Medicare Advantage market, and their broad base of providers may help TRS-Care improve and\/or expand Medicare Advantage coverage.<\/p>\n<p>A update on all these plan design changes and how they may impact your TRS-Care benefits and your pocketbook will be provided tomorrow.<\/p>\n<p>The fight for more funding for the TRS-Care plan is already underway. TRS projects the pending shortfall to range <strong>between $1.5 and $2 billion<\/strong> next session!<\/p>\n<p>The Texas Legislature must take a comprehensive look at how they fund this vital retiree health care program. Today\u2019s decisions may be viewed as a modest reduction in benefits for retirees; however, if the Legislature does not act to deal with this health care crisis, TRS-Care plan design and premium increases may make the plan unrecognizable compared to how we know it today.<\/p>\n<p>TRTA needs EVERY retired school employee to join in our effort to protect TRS-Care. We need you to join TRTA. We need you to help us protect your retirement security. Please <a href=\"https:\/\/trta.org\/es\/index.cfm\/membership\/who-we-are\/\">join TRTA today<\/a>!<\/p>","protected":false},"excerpt":{"rendered":"<p>The Teacher Retirement System of Texas (TRS) Board of Trustees adopted numerous plan design changes to the TRS-Care program. These changes include: increased deductibles. increased out-of-pocket maximum costs. new convenience fees for local pharmacy prescription drug fills. new rules on Medicare D. The plan changes are projected to cost TRS-Care participants more than $43 million. [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[13,14],"tags":[],"class_list":["post-2738","post","type-post","status-publish","format-standard","hentry","category-trs-care","category-update"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Health Care Crisis Results in TRS-Care Benefit Reductions; New Medicare Advantage Provider Approved - 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\/health-care-crisis-results-in-trs-care-benefit-reductions-new-medicare-advantage-provider-approved\/\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Health Care Crisis Results in TRS-Care Benefit Reductions; New Medicare Advantage Provider Approved - Texas Retired Teachers Association\" \/>\n<meta property=\"og:description\" content=\"The Teacher Retirement System of Texas (TRS) Board of Trustees adopted numerous plan design changes to the TRS-Care program. These changes include: increased deductibles. increased out-of-pocket maximum costs. new convenience fees for local pharmacy prescription drug fills. new rules on Medicare D. The plan changes are projected to cost TRS-Care participants more than $43 million. 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