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JFAC adopts $14.13K per‑FTE health‑insurance funding level after debate over reserves
Summary
The Joint Finance‑Appropriations Committee approved a compromise funding level of $14,130 per eligible full‑time equivalent for state employee health insurance after lawmakers debated reserve balances and actuarial projections.
The Joint Finance‑Appropriations Committee approved a funding increase for state employee health insurance on Jan. 31, adopting a compromise level of $14,130 per eligible full‑time equivalent (FTE) for fiscal 2026.
Legislative Services Office analyst Mr. Bybee presented three dollar‑amount options for the committee: the CEC committee recommendation of $13,960 per FTE, the governor's recommendation of $14,300 per FTE and a midpoint compromise of $14,130 per FTE. "The most significant adjustment in these personnel benefit cost increases is, of course, the health insurance," Bybee said as he described the three options to the committee.
Why it matters: the committee's choice affects the budgeted appropriation for agency…
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