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AL HB309

Bill

Official Source

Status

Passed

4/21/2025

Primary Sponsor

Danny Garrett

Click for details

Origin

House of Representatives

2025 Regular Session

AI Summary

  • Amends Section 16-25A-7 of the Code of Alabama 1975 regarding the Public Education Employees' Health Insurance (PEEHIP) Board's contract procedures.

  • Requires the PEEHIP Board to renegotiate contracts for Medicare retiree health care plans on a competitive basis at least every five years, instead of the previous three-year requirement for all contracts.

  • Maintains the existing three-year competitive renegotiation requirement for all other health insurance contracts.

  • The board must continue to reevaluate all contracts yearly and may employ professional insurance analysts or actuaries when evaluating contract bids.

  • Act became effective immediately upon passage by both chambers (House passed March 4, 2025; Senate passed April 10, 2025).

Legislative Description

Public Education Employees' Health Insurance Board; required to renegotiate contracts for Medicare retiree health benefit plans every five years

Education

Last Action

Enacted

4/21/2025

Committee Referrals

Finance and Taxation Education3/4/2025
Ways and Means Education2/18/2025

Full Bill Text

No bill text available