Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Tense JFAC debate over health-insurance base rate puts insurance reserve and contract risk in focus
Summary
JFAC members debated whether to set the FY2026 health‑insurance base at the Economic Outlook Committee’s $13,960 per eligible FTP or the governor’s $14,300, with actuaries warning the lower figure would reduce the insurance reserve to the contractual 10% contingency.
A lengthy committee debate focused on setting the state’s health‑insurance base amount per eligible full‑time equivalent (FTP) for FY2026 and the reserve balance that funding choice would leave.
Keith Bybee, Division Manager of the Budget Policy Analysis Division, described two competing options: the Economic Outlook Committee (CEC) recommendation that sets the base at $13,960 per eligible FTP (a $960 increase from the prior base), and the governor’s recommendation of $14,300 (a $1,300 increase). Bybee said the governor’s recommendation would increase the state’s health‑insurance base and leave a larger reserve cushion.
Budget analysts and administrators explained the reserve implications. Milliman actuarial…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
