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CalPERS committee unveils health premium rates for 2014
Sacramento Bee

A CalPERS committee today recommended 2014 health insurance rates that collectively increase premiums by 3.03 percent, the lowest benefit increase since 1998. The Pension and Health Benefits Committee’s recommendations include an average increase of nearly 6 percent for some plans while lowering prices for some Medicare coverages by almost 9 percent. Premiums for the fund’s Basic HMO coverage will increase by a combined average 3.81 percent next year while Medicare HMO plans will see a 5.76 percent hike.

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