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Board approves formulary recommendations; actuary reports reserves remain healthy
State Board of Finance · October 25, 2023
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Summary
The board approved formulary recommendations for August–October and reviewed a Milliman actuarial update that projects healthy reserves for ASE and PSE through the end of 2023; no fiscal concerns were reported in the transcript.
Staff presented the formulary recommendations that were approved by the advisory commissions for August, September and October and recommended the board adopt the Navis signature select recommendations where applicable. The board moved to approve…
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