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CalPERS health premiums will rise an average of 3% in 2014
Los Angeles Times

The California Public Employees’ Retirement System, the country’s third-largest purchaser of health benefits, said its health insurance premiums next year would increase 3%, on average, for nearly 1.3 million members. The giant pension fund said that would mark its smallest rate increase since 1998. Premiums at CalPERS rose 9.6% this year and 4.1% in 2012. The CalPERS Board of Administration gave final approval to the rates Wednesday, and they take effect for various plans Jan. 1.

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