HI HB1368

Reduces the Hawaii Employer-Union Health Benefits Trust Fund (EUTF) Board of Trustees from ten to nine members, adding the Director of Finance (or designee) as an ex officio trustee

Changes employee-beneficiary representation from five trustees to three trustees, selected from nominees mutually agreed upon by all exclusive employee representative organizations rather than from the three largest unions separately

Reduces public employer trustees from five to two, while adding three new resident trustees with specific expertise requirements (one with financial services experience, one with health industry experience)

Lowers quorum requirements from six trustees to five trustees, and changes the voting system from collective bloc voting (employers as one vote, employees as one vote) to individual voting where each trustee has one vote

Limits holdover service for trustees whose terms have expired to 120 calendar days after term end, rather than allowing unlimited service until a successor is appointed