Establishes the Special Employee Health Insurance Trust Fund and the Health Insurance Trust Fund Oversight Board, and makes appropriations for health.
Establishes the Special Employee Health Insurance Trust Fund to administer state employee health insurance benefit plans. The fund consists of legislative appropriations, employer and employee contributions, and investment earnings. The Department of Administration administers the fund and must report annually on the impact of state costs due to participation in state health and accident insurance coverage. Establishes the Health Insurance Trust Fund Oversight Board to oversee the fund and approve qualifying health insurance plans.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.