Establishes the Public School Employees’ Health Benefits Trust to provide health benefits to public school employees and retirees.

The bill establishes the Public School Employees’ Health Benefits Trust, managed by a board of trustees, to provide affordable medical, pharmacy, dental, and vision benefits to public school employees and retirees. The trust will be funded by contributions from the state, employers, and employees. Employers will be required to provide health coverage through the trust and cannot offer other types of insurance. The board of trustees will have various powers, including setting contribution rates, managing trust assets, and ensuring compliance with federal and state laws.

Establishes the Public School Employees’ Health Benefits Trust to provide health benefits to public school employees and retirees.

The bill establishes the Public School Employees’ Health Benefits Trust, managed by a board of trustees, to provide affordable medical, pharmacy, dental, and vision benefits to public school employees and retirees. The trust will be funded by contributions from the state, employers, and employees. Employers will be required to provide health coverage through the trust and cannot offer other types of insurance. The board of trustees will have various powers, including setting contribution rates, managing trust assets, and ensuring compliance with federal and state laws.