Bill > HB309

This bill modifies the existing laws governing the Public Education Employees' Health Insurance Board by updating their contract negotiation and review processes. Specifically, the bill requires the board to continue its practice of inviting competitive bids for health insurance contracts and evaluating them based on factors like benefits, administrative costs, and claims handling experience. The key change is that while most contracts will be reevaluated and renegotiated every three years, contracts specifically for Medicare retiree health care must now be renegotiated on a competitive basis at least every five years. The bill also clarifies the board's existing authorities, such as the ability to become self-insured, authorize reinsurance, and discontinue contracts at the end of a contract period. Additionally, the bill allows the Public Education Employees' Health Insurance Board to potentially enter into contracts previously awarded by the State Employees' Insurance Board, provided both boards mutually consent. The bill aims to provide more flexibility and regular review of health insurance contracts while ensuring comprehensive evaluation of potential providers.

Budget and Finance

https://alison.legislature.state.al.us/bill-search