Bill
Bill > A1802
summary
Introduced
01/13/2026
01/13/2026
In Committee
01/13/2026
01/13/2026
Crossed Over
Passed
Dead
Introduced Session
2026-2027 Regular Session
Bill Summary
This bill concerns the annual reporting requirements of the State Health Benefits Plan Commission and the School Employees' Health Benefits Plan Commission. This bill establishes an annual reporting requirement for the State Health Benefits Plan Commission and the School Employees' Health Benefits Plan Commission. It requires each commission to annually publish a rate setting recommendation analysis report that is prepared by an actuarial firm. The report will include an executive summary, the plan overview for the upcoming year, a trend analysis, financial projections, rate setting developments, and any exhibits to further support the findings of the report. The commission will submit the report to the Governor and the Legislature, and the Division of Pensions and Benefits will post the report on its website for the public. The commission will accept comments from the public for a period of time after the report is released. The commission will then hold at least one public hearing after the release of the report to allow for input on the rate setting recommendation analysis.
AI Summary
This bill mandates that both the State Health Benefits Plan Commission (SHBP) and the School Employees' Health Benefits Plan Commission (SEHBP) must annually publish a "rate setting recommendation analysis report," which is prepared by an actuarial firm, an independent company that analyzes financial risks. This report will detail upcoming plan overviews, analyze trends, provide financial projections, explain how rates are determined, and include supporting exhibits. The commissions will submit this report to the Governor and the Legislature, and the Division of Pensions and Benefits will make it publicly available on its website. Furthermore, after the report's release, the public will have a period to submit comments, and the commissions will hold at least one public hearing to gather input on the rate setting recommendations.
Committee Categories
Government Affairs
Sponsors (2)
Last Action
Introduced, Referred to Assembly State and Local Government Committee (on 01/13/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2026/A1802 |
| BillText | https://pub.njleg.gov/Bills/2026/A2000/1802_I1.HTM |
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