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Committee approves bill to restore competitive bidding for employee benefit plans
INSURANCE & COMMERCE - SENATE · March 30, 2023
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Summary
The committee passed House Bill 1160 to establish a rulemaking process for bidding state employee benefit plans, aiming to seek more competitive rates for members; the Employee Benefits Division and sponsor said the change would increase transparency and competitive procurement.
Representative Jeff Wardlaw (District 94) and Grant Wallace, director of the Employee Benefits Division (EBD), presented House Bill 1160, which would create a rulemaking framework for regular competitive bidding of benefit plans administered for state employees. Wardlaw said prior bidding was last…
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