Bill > SB1359

This bill modifies the Hawaii Employer-Union Health Benefits Trust Fund's base composite monthly contribution calculation methodology. Specifically, effective January 1, 2026, the bill increases the employer base composite monthly contribution by 5.2 percent of the 2025 contribution level. Starting January 1, 2027, the base contribution will be adjusted annually based on changes in Medicare Part B premiums, using a two-year lag calculation method. The adjustment will be calculated by comparing the Medicare Part B premium rate at the beginning of the previous plan year with the rate from the year prior to that. Medicare Part B premium rates are defined as those published in the Federal Register on or near November 1st each year, after being established by the U.S. Secretary of Health and Human Services and approved by Congress. The bill aims to create a systematic and predictable method for adjusting health benefits contributions that tracks medical premium changes over time.

Budget and Finance, Labor and Employment

https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=SB&billnumber=1359&year=2025