NV AB188

Board of the Public Employees' Benefits Program must report by August 31 of every even-numbered year on the typical full cost for state retirees to obtain actuarially comparable health insurance, including Medicare Part B premiums, supplemental policies, Part D prescription coverage, and dental/vision costs

Health reimbursement arrangement balances for Medicare-enrolled retirees cannot be capped below the total subsidy paid over the preceding 5 fiscal years, and funds cannot revert to the Retirees' Fund unless the retiree dies or opts out of TRICARE/Medicare/Program coverage for more than 2 consecutive years

Retired public officers and employees may now reinstate Program insurance during any open enrollment period even if they had multiple coverage gaps, though the Board may require proof of continuous coverage under another health plan for gaps beyond the first one

Monthly subsidy for Medicare-enrolled retirees increases for FY 2026-2027: pre-1994 retirees receive $210/month (up from $195), and post-1994 retirees receive $14/month per year of service up to $280 maximum (up from $260), funded by a $2,003,655 appropriation

Joint Interim Standing Committee on Government Affairs must study the Program during 2025-2026, examining service quality, potential ombudsman position, Medicare retiree outreach, HRA debit cards, and hospital claim limits based on Medicare rates