2012 Session

Budget Amendments - HB30 (Committee Approved)

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Employee Health Insurance Fund Language (language only)

Item 84 #2h

Item 84 #2h

Administration of Health Insurance

Page 59, strike lines 27 through 31 and insert:
"D.  Any balances remaining in the reserved component of the Employee Health Insurance Fund shall be considered part of the overall Health Insurance Fund.  It shall be the state policy of the General Assembly that future premiums for the state employee health insurance program shall be set in a manner so that the balance in the Health Insurance Fund shall be no less than the estimated Incurred But Not Paid liability for the Fund."

(This amendment deletes old language related to the state Health Insurance Fund and replaces it with language establishing a formal policy goal for the level of funding in the state employee health insurance fund. This language is consistent with a recommendation from the Auditor of Public Accounts in its review of the Health Insurance Fund.)