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Joint Finance-Appropriations Committee raises health‑insurance funding to $14,130 per FTE for FY2026

2212108 · January 31, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

On Jan. 31 the Joint Finance‑Appropriations Committee approved increasing state health‑insurance funding to $14,130 per full‑time equivalent for fiscal year 2026, adding roughly $48.4 million across general, dedicated and federal funds after debate over reserve balances and actuarial projections.

The Joint Finance‑Appropriations Committee on Friday, Jan. 31, approved increasing the appropriation for state employee health insurance to $14,130 per eligible full‑time equivalent for fiscal year 2026, a change the committee said will raise appropriations by $36,043,900 from the general fund, $8,599,500 from dedicated funds and $3,753,800 from federal funds, for a total of $48,397,200.

The vote followed debate among three competing proposals for the per‑FTE health insurance allowance. Committee analyst Mr. Bybee described the three dollar proposals and said “the most significant adjustment in these personnel benefit cost increases is of course the health insurance that I just…

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