Group Insurance Board meeting on self-insurance

The state’s Group Insurance Board meets today to vote on developing a request for proposals to self-insure state employees.

The GIB scheduled a special meeting last month to begin those discussions, hoping to clear up the big gap in costs that two consultants estimated. This time, the board will take a more formal action on what the RFP will look like.

The state’s Department of Employee Trust Funds, which manages employee benefits, would look at the impacts self-insurance would have under a regional model, a statewide model and a national model. That would, for example, let ETF decide whether it’s appropriate to consolidate the number of health plans it works with.

ETF staff hope to distribute the RFP in July, with responses due by September. Then, staff will review the responses and present the results of the RFP in November.

See the agenda item.

See an earlier story evaluating why the two consultants differed.