Tag: Health Insurance

2015 Segal Health Plan Cost Trend Survey

Thursday, October 9, 2014

Health benefit plan cost trend rates for 2015 are forecast to drop slightly for some coverage, but to increase substantially for prescription drug coverage, according to data compiled in the 2015 Segal Health Plan Cost Trend Survey Read More

New York’s Highest Court Halts School District’s Effort to Modify Retirees’ Health Coverage

Friday, January 17, 2014

The New York Court of Appeals recently held that retirees of the Newfane Central School District in Niagara County have a vested right under expired labor contracts to a continuation of the same health coverage under which they retired, until the age of 70, and that the New York Insurance Moratorium Law did not provide a basis for abrogating their vested contractual rights (Kolbe v. Tibbetts, 2013 WL 6499307, 197 LRRM 2794 (Dec. 12, 2013)). However, because issues of fact remained as to the intended scope of the retirees’ right (i.e., whether the retirees had the right to receive the “same coverage” or “equivalent coverage”), the Court remanded the case to the trial court for further factual development. Read More