LRB-1804/P1
MIM:kjf
2019 - 2020 LEGISLATURE
DOA:......Sherwin, BB0287 - Fixed-dollar premium study
For 2019-2021 Budget -- Not Ready For Introduction
An Act ...; relating to: the budget.
Analysis by the Legislative Reference Bureau
retirement and group insurance
Health insurance
1. Premium subsidy study
This bill requires the Group Insurance Board to conduct a study of the feasibility and potential cost savings of including a fixed-dollar employee premium subsidy in the state group health insurance plan. The bill also requires GIB to submit a report of the study to the governor and JCF.
For further information see the state fiscal estimate, which will be printed as an appendix to this bill.
The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:
Section 9113.
Nonstatutory provisions; Employee Trust Funds.
(1) Study of fixed-dollar premium subsidy model. The group insurance board, in consultation with the actuary selected under s. 40.03 (1) (d) to perform actuarial services for the group health insurance plan, shall conduct a study of the feasibility and potential cost savings associated with including a fixed-dollar employee premium subsidy program in the group health insurance plan for active state employees. No later than June 30, 2020, the group insurance board shall submit a report of the study to the governor and the joint committee on finance.
(End)
