MA H1399

Allows Medicare-eligible retired public employees and their Medicare-eligible dependents to purchase health insurance on the individual Medicare marketplace instead of through group plans

Establishes health reimbursement arrangements (HRAs) as an alternative to traditional group insurance for eligible retirees, satisfying statutory group insurance requirements

Sets minimum annual HRA funding for municipal retirees at 50% of the lowest-cost Medicare Supplement Plan 1 filed in Massachusetts by January 1, plus the weighted average Part D premium in Region 2 from the prior year

Applies the same HRA funding formula to state retirees, with the percentage based on the current Commonwealth-retiree premium cost-sharing ratio

Amends Chapter 32B (municipal employees) and Chapter 32A (state employees) of the General Laws to implement these changes