Bill > SB697

This bill requires the Group Insurance Board (GIB) to conduct comprehensive studies examining the potential financial implications of school district participation in state group health insurance plans. Specifically, the GIB must investigate two scenarios: first, the costs and savings if all Wisconsin school districts are mandated to participate in a group health insurance plan, and second, the potential financial impact if school districts are allowed to voluntarily join such a plan. The bill allocates $300,000 from the public employee trust fund administrative account to fund these actuarial studies. The GIB is required to consult with an actuary and submit a written report detailing the findings to the governor and the Joint Committee on Finance within six months of the bill's effective date. This study aims to provide policymakers with a clear understanding of the potential economic consequences of different school district health insurance participation models, which could inform future policy decisions about group health insurance for educational employees.

Agriculture and Natural Resources

https://docs.legis.wisconsin.gov/2025/proposals/reg/sen/bill/sb697