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Bill > A4700


NJ A4700

NJ A4700
Concerns annual reporting requirements of SHBP and SEHBP commissions.


summary

Introduced
10/03/2022
In Committee
10/03/2022
Crossed Over
Passed
Dead
01/08/2024

Introduced Session

2022-2023 Regular Session

Bill Summary

Concerns annual reporting requirements of SHBP and SEHBP commissions.

AI Summary

This bill amends the existing laws to require the State Health Benefits Commission (SHBP) and the School Employees' Health Benefits Commission (SEHBP) to publish annual rate-setting recommendation analysis reports prepared by actuarial firms. These reports must include an executive summary, plan overview, trend analysis, financial projections, rate-setting developments, and other supporting exhibits. The commissions must also provide a public comment period and hold at least one public hearing after releasing the reports to allow for public input on the rate-setting recommendations.

Committee Categories

Government Affairs

Sponsors (3)

Last Action

Introduced, Referred to Assembly State and Local Government Committee (on 10/03/2022)

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