Tag Archives: County Benefits Committee

Is Our Retirement Health Insurance Changing? – Feb 2019

{Ron Woody, Roane County Executive}

If you are an employee, elected official, retiree or County Commissioner, you may want to make sure you have read “Impacts of Accounting Regulations” in the January 2019 newsletter. Could our retirement health insurance be changing? That will be a decision that the County Commissioners must make prior to March 31, 2019. The State Department of Finance and Administration in a Jan 18, 2019 letter establishes the deadline along with three basic options:

  • Opt-In: The county continues to offer pre-65 retiree health insurance.
  • Opt-Out: The county no longer offers pre-65 health insurance coverage.
  • Limited Opt-Out: Continues coverage for current retirees but will no longer cover future retirees.

The decisions made will impact employee benefits along with the county’s financial liabilities as noted in the previous article. The County Benefits Committee will meet in the near future to further discuss the county’s options. An executive summary will be posted on the county website.