« Examining The Medical Exam
An Agent’s Perspective »

Will Retirees Get Some Reprieve In Bushland?

Sen. Al Lawson, D-Tallahassee, a Big Bend legislator recently asked Gov. Jeb Bush to help head off a huge increase in life insurance premiums for retired state employees. According to Lawson, Bush is said to have agreed to explore options for addressing a pending rate hike from $4.20 a month to $35.79 monthly for retirees carrying $10,000 in coverage. Tallahassee.com reports:

The Department of Management Services this month notified retirees that they would either have to pay the increase, or cut their coverage to only $2,500 if they wanted to keep the $4.20 monthly premium.

Read more: Lawson asks Bush to help state retirees with life insurance premiums


If you enjoyed this article, please bookmark it at del.icio.us »

This entry was posted on Thursday, August 24th, 2006 at 4:21 am and is filed under News. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

One Response to “Will Retirees Get Some Reprieve In Bushland?”

  1. Razib Ahmed Says:
    August 26th, 2006 at 11:34 am

    “…this month notified retirees that they would either have to pay the increase, or cut their coverage to only $2,500 if they wanted to keep the $4.20 monthly premium.”
    In the USA $4 or $5 is valueless. When i saw this sentence I just thought that is there any retired person who is not able to afford payment of $5 monthly?

Leave a Reply