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NJ S2359
Bill
Status
1/29/2024
Primary Sponsor
Shirley Turner
Click for details
AI Summary
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Requires both the State Health Benefits Commission (SHBP) and School Employees' Health Benefits Commission (SEHBP) to annually publish a rate setting recommendation analysis report prepared by an actuarial firm
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Mandates reports include an executive summary, plan overview for the upcoming year, trend analysis, financial projections, rate setting developments, and supporting exhibits
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Reports must be submitted to the Governor and Legislature, and posted on the Division of Pensions and Benefits website for public access
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Establishes a public comment period after each report's release and requires at least one public hearing to allow input on the rate setting recommendation analysis
Legislative Description
Concerns annual reporting requirements of SHBP and SEHBP commissions.
State Government, Wagering, Tourism & Historic Preservation
Last Action
Introduced in the Senate, Referred to Senate State Government, Wagering, Tourism & Historic Preservation Committee
1/29/2024