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Justice: No change in state funding for West Virginia PEIA next year

By PHIL KABLER

Charleston Gazette-Mail

CHARLESTON, W.Va. — Gov. Jim Justice has notified Public Employees Insurance Agency Executive Director Ted Cheatham that state funding for PEIA for the 2019-20 plan year will total $575 million — an amount unchanged from the current plan.

By law, the governor must provide what is known as the guidance letter to PEIA by Oct. 15 of each year, so that the PEIA Finance Board can devise the next year’s benefits plan, a proposal that goes out to public hearings in November and early December, and is formally approved by the board in mid-December.

In the letter, Justice said the state will provide $386 million from general revenue and $189 million from special revenue to fund PEIA, a health insurance plan that covers more than 230,000 West Virginians. The amount essentially covers employer contributions to the plan.

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