Requires PEHF to subsidize part of premiums for long-term care benefits plan offered by the fund at $5 per month per employee-beneficiary. Conditions subsidy on insurers offering monthly payouts in $2,000 increments and making available at least 50% of payout for home- and community-based care. (HD1)

A BILL FOR AN ACT

SECTION 1. Section 87-23.5, Hawaii Revised Statutes, is amended to read as follows:

"§87-23.5 Determination of long-term care benefits plan; contract with carrier or third-party administrator[.]; monthly subsidy. (a) The board shall determine the benefits of a long-term care benefits plan for employee-beneficiaries, their spouses or reciprocal beneficiaries, as well as their parents and grandparents, and in-law parents and grandparents, and qualified-beneficiaries. The plan shall comply with article 10H, of chapter 431.

(b) Notwithstanding any other law to the contrary, the benefits shall be available only to employee-beneficiaries, their spouses or reciprocal beneficiaries, as well as their parents and grandparents, and in-law parents and grandparents, and qualified-beneficiaries who enroll between the ages of twenty and eighty-five. Eligible persons must comply with the plan's age, enrollment, medical underwriting, and contribution requirements.

(c) The board may contract with a carrier to provide fully-insured benefits or a third-party administrator to administer self-insured benefits.

(d) The board may reimburse any carrier providing benefits under this section a monthly amount equal to $5 for each employee-beneficiary under subsection (b) who actually enrolls; provided that:

SECTION 2. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.

SECTION 3. This Act shall take effect on July 1, 2020.