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Meeting on Insurance Funding Solution Held in West Virginia
By: Associated Press
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CHARLESTON, W.Va. (AP) – A task force has met a second time as it tries to find a long-term funding solution to an insurance program for West Virginia teachers and other public employees.
Public Employees Insurance Agency Director Ted Cheatham gave a detailed presentation on the agency’s makeup and finances to task force members Tuesday at the state Culture Center in Charleston.
Gov. Jim Justice and the Legislature agreed to freeze PEIA premiums, deductibles and co-pays for the coming year and provided $29 million in supplemental funding. Teachers want a more permanent funding fix.
The task force earlier agreed to form three committees to review the coverage plan and its costs and revenues, and for legislative and public outreach.
Justice also signed a 5 percent pay raise for teachers last month to end their nine-day strike.