West Virginia Gov. Jim Justice says there will be no change in state funding for the state employees’ public insurance plan next year in a letter to the agency’s director.
The Charleston Gazette-Mail reports Justice said in the letter that state funding next year will total $575 million, which is unchanged from this year. The letter is required by law to be sent by Oct. 15 so the PEIA Finance Board can develop a benefits plan.
Justice pledged on Oct. 2 to put $100 million toward the insurance plan.
Justice’s chief of staff Mike Hall said in a statement that the additional funding isn’t included because the governor has made a proposal, but it must be approved by the legislature. Hall said the intent of the $100 million is to create a PEIA stability fund separate from the general fund.
Topics Mergers & Acquisitions Workers' Compensation Virginia
Was this article valuable?
Here are more articles you may enjoy.
Albertsons Reaches $774 Million Opioid Accord, Records Loss
Toilet Paper Warehouse Fire Investigators Review Viral Video
IBM Agrees to Pay Government $17 Million in DEI Settlement
Connecticut High Court: Injured Rental Car Occupants Covered for Uninsured Motorist 

