TRS Board Makes Minor Adjustments to TRS–Care Benefits
The TRS board made several changes to TRS–Care benefit plans to comply with the Affordable Care Act. Deductibles and co–insurance paid by TRS–Care 2 & 3 will now be counted to satisfy the out-of-pocket maximum beginning with the 2014-15 plan year. Participants will reach their out-of-pocket maximum sooner and out-of-pocket limits will increase some to achieve the same actuarial cost to the plan. TRS–Care 2 & 3 participants will have no out-of-pocket costs when necessary lab work is done at Quest Lab.
The board made no changes to TRS–Care premiums for the 2014-15 plan year.