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HI SB1314
Bill
AI Summary
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Eliminates Medicare Part B premium reimbursements for spouses of employees hired on or after July 1, 2023, while maintaining reimbursements for spouses of employees hired before that date.
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State and county governments will no longer contribute to Medicare Part B premiums for newly hired employees' spouses, estimated to reduce future annual required contributions by $1.2 billion over a 30-year period.
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Does not affect current retirees, vested terminated employees, or current employees hired before July 1, 2023.
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Amends Hawaii Revised Statutes Section 87A-23 to restrict spousal Medicare Part B premium reimbursement eligibility based on employee hire date.
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Takes effect January 1, 2050.
Legislative Description
Relating To The Hawaii Employer-union Health Benefits Trust Fund Spousal Medicare Part B Premium Reimbursement.
Hawaii Employer-Union Health Benefits Trust Fund
Last Action
Act 040, 06/01/2023 (Gov. Msg. No. 1140).
6/1/2023