Bill > AB188

This bill revises provisions related to the Public Employees' Benefits Program (PEBP), introducing several key changes. The bill requires the PEBP Board to submit a biennial report detailing the typical full cost of health insurance for state retirees, specifically focusing on Medicare-enrolled retirees. For retirees with Medicare coverage receiving subsidies through a health reimbursement arrangement (HRA), the bill prohibits the Board from establishing yearly balance limits below the total subsidies paid in the previous five fiscal years and restricts the reversion of HRA funds back to the Retirees' Fund. The bill also modifies reinstatement rules for retired public employees' insurance, removing the limitation on multiple coverage gaps and allowing reinstatement during open enrollment periods. Additionally, the bill increases the state and local government subsidies for retiree health insurance for the 2025-2027 fiscal years, with specific adjustments for those enrolled in Medicare. A notable provision requires the Joint Interim Standing Committee on Government Affairs to conduct a comprehensive study on the PEBP during the 2025-2026 interim, examining service quality, potential ombudsman creation, educational outreach, and various administrative aspects of the program. The bill also includes an appropriation of $2,003,655 to support the increased subsidies.

Budget and Finance, Government Affairs

https://www.leg.state.nv.us/App/NELIS/REL/83rd2025/Bill/12158/Overview