Dear RECOSA members:
You are probably aware that City Manager Sheryl Sculley presented the Proposed FY2015 City of San Antonio budget to the City Council Thursday, August 7, 2014. Early next week, Human Resources will be sending you a summary of the proposed changes that impact our retirees in a special edition of Retiree Matters. We anticipate a small increase in the COLA which of course will be effective January 1, 2015.
We are expecting that the official communications from the city to retirees next week will show relatively small increases (no double digit percent increases!) in the premium costs for both pre-65 United Healthcare participants as well as 65-plus Humana Medicare Advantage participants. We also expect to see no plan design changes (co-pays, RX, etc.) in UHC New Value and the Consumer Driven Help Plan (CDHP) with the exception of a small increase in the CDHP deductible which was mandated by the Internal Revenue Service (IRS). RECOSA has also been informed that the City will be discontinuing the Premier Plan option on the pre-65 package, but will be offering one-on-one assistance to those who will need to transfer to one of the other two plans.
Your RECOSA Board had the opportunity to give feedback to the City on proposed changes and appreciates their willingness to take our feedback into consideration. You will have an opportunity to study the options prior to open enrollment this fall to determine which is the best option for you and your family. We will post the communication from the City’s Special Edition of RETIREE MATTERS as soon as we receive an electronic version. The overall proposed budget can be reviewed at www.sanantonio.gov