HB 6531 Summary

• Amends the Publicly Funded Health Insurance Contribution Act to establish new maximum employer contribution limits for public employee medical benefit plans effective upon the bill's enactment.

• Sets specific per-employee annual contribution caps: $6,560.52 for single-person coverage, $13,720.07 for individual-and-spouse or individual-plus-1-dependent coverage, and $17,892.36 for family coverage.

• Requires the State Treasurer to adjust these maximum payment amounts annually by October 1st based on changes in the medical care component of the U.S. Consumer Price Index.

• Allows public employers to elect compliance with an 80% cost-sharing requirement as an alternative to the specific contribution caps, with employees required to pay at least 20% of total annual plan costs.

• Applies new provisions to collective bargaining agreements and contracts executed, extended, or renewed on or after the bill's effective date and permits employers to base premiums on combined claims experience of current employees and retirees.