FRANKFORT, Ky. – The Kentucky Education Association (KEA) is urging lawmakers to commit to not increasing health insurance costs for teachers and retirees. This comes as discussions continue around the state’s budget proposal.
Concerns are growing over House Bill 500. Many believe it could limit employer contributions, resulting in higher premiums for teachers and public worker retirees. Some could see their monthly costs increase by around $500.
Jim Carroll from Kentucky Government Retirees expressed the group’s worries. “They feel scared and betrayed,” he said. KEA President Joel Wolford emphasized the hard work of those affected, noting many hold second jobs to make ends meet.
Larry Totten of Kentucky Public Retirees highlighted that retirees have it tougher. “They can’t return to work for extra income, and there are no second jobs. What will they do to afford medication?” he questioned.
Legislators have indicated they can’t support the bill unless changes are made. House Speaker David Osborne pointed out a 24% expected rise in public employee benefit costs as a major concern. He mentioned awaiting more information from the governor, which is crucial for making decisions on the budget.
Recent surveys show that health insurance costs are a major concern for public sector workers nationwide. According to a 2022 report by the National Education Association, over 62% of educators cited rising health insurance costs as a leading challenge in their profession.
This situation highlights the importance of understanding how budget decisions can impact the lives of hardworking individuals, particularly in education and public service roles. As discussions unfold, the stakes remain high for teachers and retirees who deserve fair treatment.
For further insights, check out the latest studies from the National Education Association.
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budget,House Bill 500,teachers,retirement,health insurance,health insurance premiums,General Assembly,capital,Frankfort
