HI SB2194

Requires all birthing facilities to perform pulse oximetry screening or other medically accepted blood oxygen saturation test on every newborn prior to discharge to detect critical congenital heart defects, unless parents object on religious grounds.

Mandates birthing facilities report screening data to the Department of Health including number of newborns screened, timing, results, outcomes of failed screenings, and defects detected in passing newborns.

Appropriates unspecified funds for fiscal year 2014-2015 to the Department of Health and Hawaii Health Systems Corporation to conduct congenital heart defect screening using pulse oximetry.

Establishes the Hawaii Employer-Union Health Benefits Trust Fund Captive Insurance Company as a self-insured entity to manage state and county employee health benefits and address $15-18 billion in unfunded liabilities for public employee health benefits.

Creates three funds within the captive insurance company: the main health benefits fund, rate stabilization reserves, and an other post employment benefits reserve fund with a mandatory $1 billion balance by July 1, 2017.