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Synopsis As Introduced Amends the State Employees Group Insurance Act of 1971. With respect to the retired teachers' health benefits plan, beginning with fiscal year 2010, provides that of the total insurance rate for the major medical program selected by a recipient whose primary residence is outside of Illinois, (i) if a managed care program is accessible, 37.5% (now, 50%) shall be paid from the Teacher Health Insurance Security Fund and (ii) if a managed care program is not accessible, 62.5% (now, 75%) shall be paid from the Teacher Health Insurance Security Fund. Effective immediately.
House Committee Amendment No. 1 Deletes everything after the enacting clause. Amends the State Employees Group Insurance Act of 1971. Establishes premiums for fiscal year 2010 and thereafter for retired teachers' health benefits coverage based upon the state of the retiree's residence. Effective immediately.
House Floor Amendment No. 2 Deletes everything after the enacting clause. Amends the State Employees Group Insurance Act of 1971. For fiscal year 2010, provides that the premium for the major medical coverage health benefits program for a TRS benefit recipient who is at least 65 years old, who is not Medicare primary, who resides in Illinois, and for whom a managed care program is accessible shall not exceed 90% (now, 105%) of the premium actually charged in the previous fiscal year. Effective immediately.
Governor Amendatory Veto Message Proposes to further amend the State Employees Group Insurance Act of 1971. For fiscal year 2011 (instead of 2010), provides that the premium for the major medical coverage health benefits program for a Teachers' Retirement System benefit recipient who is at least 65 years old, who is not Medicare primary, who has been a legal resident of Illinois since at least July 1, 2009 (instead of 2008), and for whom a managed care program is accessible shall not exceed 90% of the premium actually charged in the previous fiscal year.
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