PEIA Finance Board

The West Virginia Public Employees Insurance Agency has approved more than $50 million in 2017-18 health insurance plan benefits cuts for state and public school employees, many non-state public employees, and retirees.

The Charleston Gazette-Mail reports the PEIA Finance Board approved the cuts Thursday. The plan includes $28 million in benefit cuts for state and public school employees, primarily through higher deductibles and out-of-pocket maximums as well as mandatory 90-day prescription fills for maintenance drugs for chronic conditions.

PEIA Finance Board Votes To Cut Benefits

Mar 31, 2016

On this West Virginia Morning we get an update on the state of PEIA funding and Beth Vorhees brings us a story on the Mountain Music Trail.

PEIA Board
Ashton Marra / West Virginia Public Broadcasting

Health insurance could become more expensive for some 230,000 West Virginians after the state Public Employees Insurance Agency, or PEIA, Finance Board voted unanimously to reinstate benefit cuts.

Board members had initially approved the cuts in December, but were assured by lawmakers that the program would receive more funding during this year's legislative session.

Perry Bennett / West Virginia Legislative Photography

West Virginia is revisiting the idea of larger cuts to state employee and retiree health plans as a state budget stalemate drags on.

West Virginia's Public Employee Insurance Agency Finance Board is meeting Wednesday afternoon to discuss options amid a budget fight that has seen funding options for health plans die, including a higher tax on tobacco products and e-cigarettes.

Governor Tomblin
AP Photo / Tyler Evert

The state board that oversees the insurance program covering more than 250,000 West Virginians will meet once again next week to discuss possible cuts because lawmakers have not yet approved a budget for the upcoming fiscal year.