SB3046 Summary

• Amends the State Employees Group Insurance Act of 1971 to modify health benefits administration for Teachers' Retirement System (TRS) and community college retirees.

• Allows TRS and community college benefit recipients to enroll or re-enroll during annual open enrollment periods and permits previous disenrollees to participate without being deemed ineligible.

• Establishes that TRS dependent beneficiaries who are disabled children age 19 or over do not lose eligibility due to tax dependency status or earned income insufficient for self-sufficiency.

• Modifies premium cost-sharing arrangements, including reducing contribution requirements (to 25% of rate) for TRS dependent beneficiaries who are Medicare primary and enrolled in managed care or major medical plans.

• Capitalizes "Medicare" and makes technical corrections to health benefits provisions for both TRS and community college retiree programs.