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WV PEIA cuts on front burner again

CHARLESTON, W.Va. — Cuts in public employee health care benefits totaling $120 million are expected to be back on the table when West Virginia’s Public Employees Insurance Agency Finance Board meets Wednesday.

In January, the Finance Board approved a plan that would use $43.5 million in new state funding for employer premiums to alleviate the need to increase employee co-pays, deductibles and out-of-pocket maximums to keep the health insurance plan solvent.

However, that plan was contingent on passage of a Tomblin administration bill to increase state tobacco taxes — a bill that died in the House of Delegates during the recently completed regular session of the Legislature.

The likelihood of additional funding for PEIA premiums is in limbo as the Legislature moves into the 12th day of an impasse on passage of a 2016-17 state budget…

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