2024 Fall Health Insurance Buy Out

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

Overview   of 2024 Fall Health Insurance Buy Out

fall buy out period

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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