Specifies that members of State Health Benefits Plan Design Committee and School Employees' Health Benefits Plan Design Committee have fiduciary duty.
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Progress
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- Introduced
- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Overview
This bill clarifies that members of the State Health Benefits Plan Design Committee and the School Employees’ Health Benefits Plan Design Committee are considered fiduciaries. It reinforces their responsibility to act in the best interest of the health benefit programs they oversee. The bill amends existing legislation to explicitly state this fiduciary duty, ensuring responsible management of public employee health benefits. It also outlines the composition and terms of service for these committees.
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