STAND. COM. REP. NO. 894

                                 Honolulu, Hawaii
                                                   , 1999

                                 RE: H.B. No. 1049
                                     H.D. 1




Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twentieth State Legislature
Regular Session of 1999
State of Hawaii

Sir:

     Your Committee on Finance, to which was referred H.B. No.
1049, H.D. 1, entitled: 

     "A BILL FOR AN ACT RELATING TO THE PUBLIC EMPLOYEES HEALTH
     FUND,"

begs leave to report as follows:

     The purpose of this bill is to require employee
organizations that participate in the Hawaii Public Employees
Health Fund (Fund) benefits plans to return to the Fund the
approximate employer's share of any rate credit or reimbursement
from any carrier or self-insurance plan, including any earnings
or interest.

     The Hawaii Government Employees Association, the Hawaii
State Teachers Association, and the Fund commented on this
measure.

     As affirmed by the record of votes of the members of your
Committee on Finance that is attached to this report, your
Committee is in accord with the intent and purpose of H.B. No.
1049, H.D. 1, and recommends that it pass Third Reading.


 
 
 
 
 
 
 
 
                                 STAND. COM. REP. NO. 894
                                 Page 2

 
                                   Respectfully submitted on
                                   behalf of the members of the
                                   Committee on Finance,



                                   ______________________________
                                   DWIGHT Y. TAKAMINE, Chair