This bill would subject all employees retiring after December 31, 2011, to a new sliding scale premium calculation based on years of service and the difference between the age of the employee at retirement and the Medicare entitlement age.
This bill would provide that for all employees retiring after December 31, 2011, that the employer contribution for a non-Medicare retiree may not exceed the employer contribution for an active employee.
This bill would provide that PEEHIP is not subject to the Alabama Insurance Code.
This bill would provide that the employer contribution may include adjustments or surcharges based on a covered spouse's eligibility for other health insurance.
This bill would provide that assistance be given to low-income employees and retirees who fall within 300 percent of the federal poverty level.
This bill may subject employees or retirees who knowingly and willfully submit false or misleading information to the PEEHIP Board or engage in fraudulent activity to disqualification from coverage in the plan.
This bill would provide that a two-thirds vote of the board members present would no longer be required to change the employee or retiree contribution to the health insurance premium or other out-of-pocket expenses.
Source: Alabama Legislature