Member Type: Research & Educational Institutions
The Teachers’ Retirement System of the State of Kentucky (TRS) began operations in 1940 to provide a defined benefit plan for Kentucky’s retired public school teachers and also provides health and life insurance benefits for members. TRS now has 137,252 members, retirees and beneficiaries.
TRS began a cutting-edge personalized medicine project in fall 2017 under TRS’s health plan for Medicare-eligible retirees. The program uses DNA testing to help a patient’s doctor make more effective treatment decisions for better health outcomes. This includes making sure that a retiree’s medications are safe for them and will be beneficial, avoiding the costly and sometimes harmful trial-and-error process of traditional medicine. The results of the first year, according to service provider Coriell Life Sciences, saw DNA test results leading to a recommended change in medication for about a fourth of participants. Over 16 months, the program saw a 14% reduction in spending for those involved, while spending for a control group increased 3.2%, according to Coriell.