The Public Employees Insurance Agency will not raise premiums for the next fiscal year, which begins July 1, 2021, it was announced late last week.
The PEIA Finance Board warned, however, that premiums could rise considerably in the coming years — 8.4% in 2022-23 and 14.4% in 2023-24. The increases could be partially offset by the PEIA’s Rainy Day Fund of $105 million, which remains untapped.
The full stories, from the Charleston Gazette-Mail and MetroNews.