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Joint finance committee approves $14,130 per‑employee health insurance funding for FY2026

2288218 · January 31, 2025
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Summary

The Joint Finance‑Appropriations Committee approved a health insurance funding rate of $14,130 per eligible full‑time equivalent for fiscal year 2026 and associated employer payroll adjustments; the committee also reviewed projected reserve balances for the statewide insurance fund.

The Joint Finance‑Appropriations Committee on Jan. 31 approved an increase in health insurance funding for state employees to $14,130 per eligible full‑time equivalent position for fiscal year 2026, voting to raise related employer benefit appropriations across agencies.

The motion, moved on the floor as a compromise level, passed by the joint committee with a total tally of 17 ayes, 0 nays and 3 members absent or excused, producing a stated total appropriation increase of $48,397,200 across the general, dedicated and federal funding sources.

Committee analyst Aaron Bybee told members the health insurance line is the largest driver of the personnel benefit adjustments and presented three dollar levels for consideration: the CEC committee recommendation of $13,960 per FTE, the governor’s recommendation of $14,300 and a midpoint compromise of $14,130.…

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