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JFAC approves $14,130 per‑FTE health insurance funding increase for FY2026

2217641 · January 31, 2025
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Summary

The Joint Finance‑Appropriations Committee voted to increase the health‑insurance appropriation to $14,130 per eligible full‑time equivalent for fiscal year 2026, a move analysts said would raise reserve balances and add roughly $48.4 million across fund sources.

The Joint Finance‑Appropriations Committee voted Friday to increase the appropriation for state employee health insurance to $14,130 per eligible full‑time equivalent for fiscal year 2026, a motion that committee members said balances insurer cost trends and reserve projections.

Representative Harmon, chair of the joint committee, presided over the roll calls and proceedings. Mr. Bybee, the committee analyst, described three competing proposals: the CEC committee recommendation at $13,960 per FTE, the governor’s recommendation at $14,300 per FTE, and a midpoint “Goldilocks” proposal at $14,130 per FTE. "The Goldilocks motion here ... is exactly the…

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