Bill
SD 1989
Overview: SD 1989, "An Act establishing fairness in GIC premium contributions", has passed the House and is awaiting the Governor's signature. It was introduced on February 27, 202
Overview: SD 1989, "An Act establishing fairness in GIC premium contributions", has passed the House and is awaiting the Governor's signature. It was introduced on February 27, 2025.
Purpose and Intent: The bill aims to address inequities in the state's Group Insurance Commission (GIC) premium contributions by requiring employers to contribute a minimum percentage towards the cost of health insurance premiums for their employees.
Key Provisions:
- Mandates that all employers contribute at least 50% of the total health insurance premium cost for their employees
- Applies to both state and municipal employees covered by the GIC
- Provides a grace period for employers to come into compliance with the new contribution requirement
- Establishes penalties for employers who fail to meet the minimum contribution level
Affected Parties and Impacts: This bill would directly benefit state and municipal employees by ensuring that their employers contribute a fair share towards their health insurance premiums. It could reduce the financial burden on employees and improve access to affordable healthcare coverage. Employers, particularly smaller municipalities, may face challenges in meeting the new contribution requirements.
Procedural and Timeline Considerations: The bill has passed both the House and Senate and is now awaiting the Governor's signature to be enacted into law. Once signed, the new GIC premium contribution requirements would take effect at the start of the next plan year, allowing employers a transition period to adjust their budgets and benefits.
Compiled from official sources — confirm details with the bill’s official record.
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