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NJ S3166
Bill
Status
Introduced
5/9/2024
Primary Sponsor
Angela Mcknight
Click for details
AI Summary
- Requires the Division of Pensions and Benefits to provide a report on claims payable, available fund balance, and anticipated premiums for local government health benefits funds before transferring funds from the State portion of the State Health Benefits Program (SHBP)
- Reduces the notification window to the State Health Benefits Commission from 30 days to 5 days following any fund transfer
- Mandates that pre-transfer reports include categorized data separating active and retired employees
- Establishes monthly reporting requirements beginning 30 days after enactment, covering cash balances, claims costs incurred, and premiums collected for both State and local government portions of the SHBP
- Amends P.L.2024, c.86 which governs temporary transfers between SHBP funds when available funds fall below levels needed to cover 10 days of anticipated payments
Legislative Description
Concerns registration and operation of temporary nurse staffing agencies.
Commerce
Last Action
Introduced in the Senate, Referred to Senate Commerce Committee
5/9/2024
Committee Referrals
Commerce5/9/2024
Full Bill Text
No bill text available