The Teacher Retirement System of Texas (TRS) trustees have selected medical plan administrators for TRS-ActiveCare and TRS-Care.
TRS-ActiveCare and TRS-Care Standard will be administered by Blue Cross and Blue Shield of Texas (BCBSTX). TRS-Care Medicare Advantage will be administered by United Healthcare (UHC). The new contracts are expected to save $754 million over the next three to five years, improving the position of the TRS trust funds.
The transition dates are as follows:
- TRS-ActiveCare to BCBSTX effective September 1, 2020
- TRS-Care plans to BCBSTX and UHC effective January 1, 2021
For more information on the topic, check out the TRS News Release.
Sarah James is a communications specialist at TASB HR Services. Send Sarah an email at firstname.lastname@example.org.
Stay up to date with all the latest HR news and trends by joining the HRX mailing list!