Central Appropriations (995)
| Request Title | Reduce Funding for Increase State Health Plan Premiums (2020 Special Session General Assembly Action - 477 #2c) |
| Biennium | 2020-2022 |
| Budget Round | Amended Bill |
| Category | General Assembly Action |
| Region | None |
Description
|
This amendment reduces by half the funding provided for the employer share of health insurance premium increases, due to sufficient Health Insurance Fund (HIF) balances. Chapter 1289, 2020 Acts of Assembly reflected a second year increase of 6.7 percent, based on actuarially projected growth in health care costs, enrollment updates, and actual 2019 health care claims expenditures. The HIF balance as of July 2020 was approximately $535.2 million. |
Funding Summary
| Object Type | FY 2020 | FY 2021 | |
| General Fund Dollars | $0 | ($20,613,821) | |
| Nongeneral Fund Dollars | $0 | $0 | |
| General Fund Positions | 0.00 | 0.00 | |
| Nongeneral Positions | 0.00 | 0.00 | |
| General Fund Transfers | $0 | $0 | |
| General Fund Revenue | $0 | $0 | |
| Layoffs | $0 | $0 | |
| Additions to Balance | $0 | $0 |
Funding Details
| By Program | Program Code | Program Title | FY 2020 | FY 2021 |
| 757 | Compensation And Benefit Adjustments | $0 | ($20,613,821) | |
| By Fund | Fund Code | Fund Title | FY 2020 | FY 2021 |
| 01000 | General Fund | $0 | ($20,613,821) |
Authorized Position Details
| By Program | Program Code | Program Title | FY 2020 | FY 2021 |
p3_opview - Official Enacted Budget View Operating Bullet Details - 06-07-2025 19:31:30
