Louisiana SB 116: GROUP BENEFITS PROGRAM: Abolishes the Group Benefits Estimating Conference. (8/1/20) (OR NO IMPACT See Note)
Status: Introduced in the Senate; read by title. Rules suspended. Read second time and referred to the Committee on Finance. (as of 2020-03-09)
State: Louisiana · Session: 2020 · Bill: SB 116
Sponsors: Kirk Talbot
Bill Text
SLS 20RS-409 ORIGINAL 2020 Regular Session SENATE BILL NO. 116 BY SENATOR TALBOT GROUP BENEFITS PROGRAM. Abolishes the Group Benefits Estimating Conference. (8/1/20) 1 AN ACT 2 To amend and reenact R.S. 42:881 and R.S. 46:802(B)(7) and to repeal R.S. 39:21.3(G), 3 relative to the Group Benefits Estimating Conference; to abolish the Group Benefits 4 Estimating Conference; to repeal the duties and membership of the Group Benefits 5 Estimating Conference; to remove references to the Group Benefits Estimating 6 Conference; and to provide for related matters. 7 Be it enacted by the Legislature of Louisiana: 8 Section 1. R.S. 42:881 is hereby amended and reenacted to read as follows: 9 §881. Establishment of the Group Benefits Policy and Planning Board 10 A. There is hereby established the Group Benefits Policy and Planning Board 11 within the Office of Group Benefits. The board shall review and recommend life and 12 health benefit programs offered to eligible employees, including the proposed rate 13 structure which that will support the life and health benefit plan. At least annually, 14 the chief executive officer shall submit any proposed changes to the rate structure 15 and the associated life and health benefits programs to the board to review and 16 recommend prior to the final adoption of the plan. The plan submitted by the chief 17 executive officer shall include an estimate of the costs and an estimated rate structure Page 1 of 3 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. SB NO. 116 SLS 20RS-409 ORIGINAL 1 for a three-year period. The board shall submit a written report to the commissioner 2 of administration, the chief executive officer of the Office of Group Benefits, and the 3 appropriate legislative oversight committees, including any comments and 4 recommendations regarding modifications to such proposed benefit plans and the 5 associated rates. 6 B. The Group Benefits Policy and Planning Board shall use any official 7 information provided by the Group Benefits Estimating Conference as may be 8 necessary in the review of benefits plans and proposed rate structures required by 9 this Section. 10 Section 2. R.S. 46:802(B)(7) is hereby amended and reenacted to read as follows: 11 §802. Powers and duties; Office of Group Benefits 12 * * * 13 B. In addition, the office shall have the following powers and duties: 14 * * * 15 (7) Subject to the board's review and recommendation, to establish premium 16 rates, under the direction of the commissioner of administration and in consultation 17 with actuaries for the life, health, and other benefit programs offered through the 18 office. The commissioner of administration, the chief executive officer of the Office 19 of Group Benefits, and the Policy and Planning Board shall also use any official 20 information developed, gathered, and presented to the parties by the Group Benefits 21 Estimating Conference in the development of premium rates. 22 * * * 23 Section 3. R.S. 39:21.3(G) is hereby repealed in its entirety. The original instrument and the following digest, which constitutes no part of the legislative instrument, were prepared by Curry Lann. DIGEST SB 116 Original 2020 Regular Session Talbot Present law (R.S. 39:21.3) creates the Group Benefits Estimating Conference for the purpose of developing or gathering official information relating to group health and life insurance planning, premium rates, and budgeting as is determined by the conference principals to be needed for the state planning and budgeting system. Present law further provides for the principals of the Group Benefits Estimating Conference as follows: Page 2 of 3 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. SB NO. 116 SLS 20RS-409 ORIGINAL (1) A member of the professional staff of the office of the governor to be appointed by the governor. (2) A member of the professional staff of the division of administration to be appointed by the commissioner of administration. (3) A member of the professional staff of the legislature with fiscal expertise to be appointed by the president of the Senate. (4) A member of the professional staff of the legislature with fiscal experience to be appointed by the speaker of the House of Representatives. (5) A member of the professional staff of the Office of Group Benefits with fiscal experience to be appointed by the commissioner of administration. (6) An individual with a minimum of five years professional experience or fiscal expertise in the industries of health insurance, actuarial services, financial services, or banking to be selected by the other principals from a list of no more than two names submitted by each of the following: the commissioner of insurance, the commissioner of financial institutions, and the legislative auditor. Proposed law repeals present law. Present law requires the
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