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Mass.gov

This page, 2024 Fall Health Insurance Buy Out, is offered by
Group Insurance Commission

2024 Fall Health Insurance Buy Out

Name: 2024 Fall Health Insurance Buy Out
Start: 2024-10-02T00:00:00-0400 - 2024-10-30T23:59:00-0400

Wednesday, October 2, 2024 12 a.m. -
Wednesday, October 30, 2024 11:59 p.m.

Overview of 2024 Fall Health Insurance Buy Out

Under the Buy-Out plan, eligible state employees and state retirees receive 25% of the full-cost monthly premium in lieu of health insurance benefits for one 12-month period of time. Employees in HR/CMS and UMASS agencies will receive the remittance monthly in their paychecks; employees of housing and other authorities and state retirees will receive a monthly check. The amount of payment depends on your health plan and coverage. Learn more

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