REPORT TITLE:
Health Fund


DESCRIPTION:
Requires employee organizations who participate in the Health
Fund's benefit plans to return to the Health Fund the approximate
employers' share of any rate credit or reimbursement from any
carrier or self-insurance plan including any earnings or
interest. Permits the State comptroller to audit the records of
employee organization plans to verify compliance with this
requirement.  (HB1049 HD1)

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
                                                        1049
HOUSE OF REPRESENTATIVES                H.B. NO.           H.D. 1
TWENTIETH LEGISLATURE, 1999                                
STATE OF HAWAII                                            
                                                             
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                   A  BILL  FOR  AN  ACT

RELATING TO THE PUBLIC EMPLOYEES HEALTH FUND.



BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

 1      SECTION 1.  Chapter 87, Hawaii Revised Statutes is amended
 
 2 by adding a new section to be appropriately designated and to
 
 3 read as follows:
 
 4      "§87-     Additional requirements for employee organizations
 
 5 who participate in the fund's health and group life insurance
 
 6 programs.  Notwithstanding any other law to the contrary, the
 
 7 board shall require employee organization plans to comply with
 
 8 the following requirements:
 
 9      (1)  Employee organizations who participate in the fund's
 
10           health and group life insurance programs shall return
 
11           to the fund the approximate employer's share of any
 
12           rate credits or reimbursements from any carrier or
 
13           self-insurance plan or any earnings or interest derived
 
14           therefrom;
 
15      (2)  By March 31, of each year, each participating employee
 
16           organization shall submit a report to the board
 
17           identifying the amount and source of the funds
 
18           identified in paragraph (1); and
 
19      (3)  Each employee organization plan shall permit the
 
20           comptroller to examine and audit the enrollment and
 

 
Page 2                                                     1049
                                     H.B. NO.           H.D. 1
                                                        
                                                        

 
 1           financial transactions of their benefit plans to verify
 
 2           each participating employee organization's compliance
 
 3           with this chapter."
 
 4      SECTION 2.  Statutory material to be repealed is bracketed.
 
 5 New statutory material is underscored.
 
 6      SECTION 3.  This Act shall take effect upon its approval.