PEBP Board Meeting - October 24, 2025

Public Employees Benefits Program Board · October 24, 2025

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4:31:22

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4:30:00

The meeting of the public employees benefits program board is called to order, with a roll call confirming a quorum.

0:26 → 1:25(59s)

The Public Employees Benefits Program (PEBP) Board met Friday morning (October 2025) to hear public comment, review statutory and regulatory changes following SB 494, and discuss financial and plan-design briefings from Segal (actuarial/pharmacy). Board staff proposed updates to policies and procedures, and the board asked the actuary and staff to return in November with fiscal and implementation analyses for multiple possible plan changes. The board approved revisions to its policies (interim adoption and follow-up), ratified two vendor contract extensions, and directed staff on how to distribute an HMO premium rebate.

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Transcript

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