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IN HB1269
Bill
Status
1/11/2016
Primary Sponsor
Todd Huston
Click for details
AI Summary
HB 1269 Summary
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School corporations providing health insurance to employees must establish a Section 125 cafeteria plan for health insurance plan years beginning after June 30, 2017.
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Cafeteria plans must offer participants at least two options: a cash benefit equivalent to health insurance premiums and a high deductible health plan.
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School corporations may adjust cash benefit amounts to account for increased employer expenses, including payroll taxes and worker's compensation insurance premiums resulting from participant selections.
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The state department must assist school corporations with compliance through model plan documents, checklists, memoranda, and in-person or video presentations for officials and employees.
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The bill becomes effective July 1, 2016.
Legislative Description
Teacher compensation. Requires a school corporation that provides health insurance to the school corporation's employees to establish a cafeteria plan under Section 125 of the Internal Revenue Code for health insurance plan years beginning after June 30, 2017.
Last Action
First reading: referred to Committee on Education
1/11/2016