Bill > A6201

This bill amends the Fiscal Year 2026 annual appropriations act by removing language that previously required the achievement of specific cost savings for the State Health Benefits Plan (SHBP). The original law mandated a good-faith effort to save $100 million in State funds during the first six months of Plan Year (PY) 2026 through proposals submitted by the State and public employee representatives on the State Health Benefits Plan Design Committee (SHBPDC). These proposals were to be reviewed by a plan actuary for recurring and verifiable cost savings, with a detailed process outlined for adjustments, mediation, and potential legislative or joint selection of cost-saving measures if agreement wasn't reached. The amendments effectively eliminate these detailed requirements and deadlines for achieving those specific cost savings for the SHBP in the upcoming fiscal year.