MI SB0542

Establishes maximum annual public employer contributions for employee medical benefit plans at $5,500 per employee with single coverage, $11,000 for individual-and-spouse or individual-plus-1-dependent coverage, and $15,000 for family coverage, beginning January 1, 2012.

For plan years January 1, 2014 through December 31, 2014, increases the multiplier for individual-and-spouse or individual-plus-1-dependent coverage to $12,250, with annual adjustments thereafter based on the medical care component of the U.S. Consumer Price Index.

Authorizes the State Treasurer to adjust maximum payment amounts annually by October 1 for succeeding calendar years based on changes in the medical care component of the Consumer Price Index.

Clarifies that public employers are not required to count employees or elected officials who decline the offered medical benefit plan when calculating maximum total annual medical benefit plan costs.

Applies amendments retroactively to clarify the original legislative intent regarding employees who decline coverage.