Newsletter — February 2020

Connecticut Losing Billions of Potential Revenue The Yankee Institute for Public Policy (Mark E. Fitch) reports “Connecticut lost $1.1 billion to other states in 2018 and ranked sixth in the nation for loss of income and wealth to other states.” Retirees make up a significant portion of the income and wealth loss. The Yankee Institute…

Newsletter — November 2019

On October 23rd, two hundred and twenty eight SFCRTA members attended a breakfast and listened to Connecticut Attorney General William Tong speak about collusion in the drug industry, specifically in reference to generic drugs. Here are some of his key points: Nearly 90 percent of all prescriptions filled are generic drugs, intended to be an…

Newsletter – September 2019

NEW HEALTH INSURANCE INFORMATION RELEASED BY THE TRB Premium Comparison High Level Summary of Plan Differences ∗ Medicare Part B deductible subject to change per Medicare Changes in Plans for 2020 (full plan description to be mailed by carriers) Anthem Medicare Advantage: $10 Office Visit $200 per admission Inpatient Hospital Copay Anthem Medicare Supplement: $10…

Newsletter — March 2019

RETIRED TEACHERS’ PENSION & HEALTH INSURANCE FUND Governor Lamont’s budget proposal made it an urgent priority to stabilize the teachers’ pension fund. He noted: “It has been badly underfunded and doesn’t keep faith with our current teachers.” His budget also contributes the State’s full-required appropriation to the Retired Teachers’ Health Insurance Fund. The under funding…