RD273 - Report on the Impact of Renewal Cost of the State Employee Health Plan Premiums

Executive Summary:
This report is submitted as required by Item 83.G. of Chapter 806, 2013 Virginia Acts of Assembly which states:

"The Department of Human Resource Management shall report to the Governor and Chairmen of the House Appropriations and Senate Finance Committees, by October 15 of each year, on the renewal cost of the state employee health insurance program premiums that will go into effect on July 1 of the following year. This report shall include the impact of the renewal cost on employee and employer premiums and a valuation of liabilities as required by Other Post Employment Benefits reporting standards."