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Board approves proposed rule to oversee voluntary employee benefit products; public comment to follow
State Board of Finance · January 30, 2024
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Summary
The board approved a proposed rule to formalize procurement and oversight of voluntary products (dental, vision, supplemental life and similar coverages) for state employees under Act 533 of 2023; the rule will proceed to public comment and potential legislative review.
Board members voted to approve a proposed rule that would create procurement and operational guidelines for voluntary products offered to state employees, such as dental, vision, supplemental life, cancer policies and accidental-death coverage. EBD presenters said the rule implements the…
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