Video addresses health care rates

The Ohio Public Employees Retirement System has released the latest health care chat with OPERS Health Care Director Marianne Steger.

In the video, Steger talks about the health care rate setting process for 2017. You can watch the video in this blog. We’ve also posted it on our YouTube channel.

Posted in Health Care, Ohio PERS, OPERS | Tagged , , | 55 Comments

Most public systems altered plans after recession

On the heels of the Great Recession, public pension plan design underwent massive change.

In fact, the period of 2009-14 included the greatest changes in the history of state pension plans, said the National Association of State Retirement Administrators. In a new report titled “Significant Reforms to State Retirement Systems,” NASRA said nearly every state passed meaningful pension reform to one or more of its public plans as the plans lost a cumulative $1.1 trillion in 15 months.

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OneExchange improving Med B process

The Ohio Public Employees Retirement System continues to work with OneExchange, the administrator of the OPERS Medicare Connector, to improve the reimbursement process for Medicare Part B payments.

OneExchange recently conducted a review of Medicare Part B claims that were denied during the first three months of 2016. OneExchange asked PayFlex, its HRA administrator, to determine if some of the claims could be paid out based on a new process.

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Posted in Health Care, Ohio PERS, OPERS, OPERS Medicare Connector | 5 Comments

Transcripts now available for OPERS videos

The Ohio Public Employees Retirement System in recent years has been increasingly using video communication. Now, those who watch our videos can read along with the transcripts and watch the dialogue via closed captioning.

OPERS has translated most of the videos stored on our YouTube channel dating back to the beginning of 2015. Some members have requested this service, and we intend to provide the readable scripts on an ongoing basis.

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Posted in Media, Ohio PERS, OPERS | Tagged , , | 9 Comments

State pension bill among issues we’re following

The Ohio Public Employees Retirement System External Relations staff has been busy on a number of issues that affect our members.

Here’s a roundup of some of those legislative issues that we are closely watching, both here in Columbus and in Washington: Continue reading

Posted in Pensions | 43 Comments

HRA guide: Out-of-pocket expenses

The Ohio Public Employees Retirement System uses a reimbursement process administered by OneExchange to help participants in the OPERS Medicare Connector pay their expenses.

Today’s blog addresses how to pay for out-of-pocket medical expenses and how to be reimbursed for them. Refer to the eligible expense list on the OneExchange website for covered items, including co-pays, deductibles and co-insurance, as well as glasses, dental X-rays, lab tests and many other items. You can view an accompanying video series on our YouTube channel.

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Posted in Connector, Health Care, Ohio PERS, OPERS, OPERS Medicare Connector | Tagged , , | 51 Comments

HRA guide: OPERS-sponsored insurance

The Ohio Public Employees Retirement System uses a reimbursement process administered by OneExchange to help participants in the OPERS Medicare Connector pay their expenses.

Today’s blog addresses how to pay for OPERS-sponsored medical insurance for a non-Medicare dependent, as well as OPERS’ dental or vision coverage, and how to be reimbursed. You can view an accompanying video series on our YouTube channel.

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Posted in Connector, Health Care, Ohio PERS, OPERS, OPERS Medicare Connector | Tagged , , | 19 Comments

HRA guide: Medicare Part B premiums

The Ohio Public Employees Retirement System uses a reimbursement process administered by OneExchange to help participants in the OPERS Medicare Connector pay their expenses.

Today’s blog addresses how to pay Medicare Part B premiums and be reimbursed through your HRA account. Medicare Part B premiums cover doctor’s visits as well as some lab work, X-rays, therapy and durable medical equipment. You can view an accompanying video series on our YouTube channel.

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Posted in Connector, Health Care, Ohio PERS, OPERS, OPERS Medicare Connector | Tagged , , | 34 Comments

HRA guide: Coverage through OneExchange

The Ohio Public Employees Retirement System uses a reimbursement process administered by OneExchange to help participants in the OPERS Medicare Connector pay their expenses.

This week we’re releasing a series of four blogs and videos that will show participants how to conduct Connector transactions. Today’s blog addresses how to pay medical and prescription drug premiums for plans enrolled in through OneExchange. You can view an accompanying video series on our YouTube channel.

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Posted in Pensions | 64 Comments

Get answers about mailed documents

The “Got mail? Get answers” section of the OPERS website reviews some of our most-common benefit-related mailings. Use it as a helpful resource if you have questions about something we have sent you in the mail.

For instance, we recently mailed change of address letters to some of our members. These letters tell members that we have received a notice from the U.S. Postal Service that the member’s address has changed. It reminds them that if they are at a new address to log into their OPERS account and update their contact info.

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Posted in Benefits, DB plans, Ohio PERS, OPERS, Pensions | Tagged , , | 5 Comments