News Report | May 1, 2000
CalPERS Proposes 4.9% Increase in Health Care Premium Rates
May 1, 2000
CalPERS Proposes 4.9% Increase in Health Care Premium Rates
The California Public Employees' Retirement System (CalPERS) Health Benefits Committee approved an average 4.9% increase in health care premium rates for the year 2001. CalPERS purchases health coverage for more than 1.1 million public employees, retirees, and their family members. It is the largest purchaser of employee health care in California and the second largest in the nation behind the federal government. The new rates go to the CalPERS Board of Administration for approval on May 18, 2000.
The proposed . . .