Concerning eligibility for participation in the public employees' benefits board for retired or disabled employees of counties, municipalities, and other political subdivisions.
Summary
Permits the retirees of local government employers that ceased participating in the Public Employees Benefits Board (PEBB) health benefits program for active employees to continue to purchase coverage in the program.
Requires Medicare-eligible retirees from local government employers that have ceased participation to purchase the coverage without the explicit subsidy provided in the state biennial operating budget.
Requires new PEBB employers that later cease participation in the PEBB program to pay the Health Care Authority the actuarial equivalent value of the projected pre-Medicare retiree implicit subsidies for their retired employees in the form of a one-time lump sum.
From the Substitute House Bill Report (SHB 1804), written by the Legislature's nonpartisan staff. Read the full report ↗
AN ACT Relating to eligibility for participation in the public employees' benefits board for retired or disabled employees of counties, municipalities, and other political subdivisions;