Board Approves Health Care Premiums for 2023; 96% of Current Enrollees Will Have Lower Premiums
June 17, 2022The following information relates to a previous plan year or is no longer applicable. For the latest information, check out our more recent news.
The Retirement Board approved health care premiums for the 2023 plan year that will result in lower premiums for about 96% of plan enrollees. STRS Ohio staff shared that premiums will be at least $20 lower per month for about 104,000 current plan enrollees. The lower cost is due to a board-approved increase in the health care subsidy, lower-than-expected health care claims and increased revenue from the Center for Medicare & Medicaid Services for STRS Ohio’s Medicare Advantage plans.