Governor Deval Patrick's Budget Recommendation - House 1 Fiscal Year 2008

Governor's Budget Recommendation FY2008

Group Insurance Commission




FISCAL YEAR 2008 RESOURCE SUMMARY ($000)
DEPARTMENT FY 2008
Budgetary
Recommendations
FY 2008
Federal, Trust,
and ISF
FY 2008
Total
Spending
FY 2008
Budgetary
Non-Tax Revenue
Group Insurance Commission 802,990 998 803,987 236,376
TOTAL 802,990 998 803,987 236,376

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account description amount
GROUP INSURANCE COMMISSION 803,987,435
Budgetary Direct Appropriations 802,989,840
1108-5100 Group Insurance Commission
For the operation of the group insurance commission
3,047,718
1108-5200 Group Insurance Premium and Plan Costs
For the commonwealth's share of the group insurance premium and plan costs incurred in fiscal year 2008; provided, that notwithstanding any general or special law to the contrary, funds in this item shall not be available during the accounts-payable period of fiscal year 2008, and any unexpended balance in this item shall revert to the General Fund on June 30, 2008; provided further, that the secretary of administration and finance shall charge all state agencies and authorities, as defined in section 1 of chapter 29 of the General Laws, which have federal or other funds allocated to them for that portion of insurance premium and plan costs as the secretary determines should be borne by such funds, and shall notify the comptroller of the amounts to be transferred from these funds, and amounts transferred or otherwise received in payment of all such charges shall be credited to the General Fund; provided further, that prior-year costs incurred by all self-insured plans shall be funded from this item; provided further, that the group insurance commission shall obtain reimbursement for premium and administrative expenses from other agencies and authorities not funded by state appropriation; provided further, that notwithstanding section 26 of chapter 29 of the General Laws, the commission may negotiate, purchase, and execute contracts before July 1 of each year for policies of group insurance as authorized by chapter 32A of the General Laws; provided further, that notwithstanding chapter 150E of the General Laws and as provided in section 8 of said chapter 32A and for the purposes of section 14 of said chapter 32A, the commonwealth's share of the group insurance premium for state employees who have retired on or before July 1, 1994 shall be 90 per cent; provided further, that the commonwealth's share of the group insurance premium for state employees who have retired after July 1, 1994, shall be 85 per cent; provided further, that the commonwealth's share of the group insurance premium for active employees upon retirement shall be 85 per cent; provided further, that the commonwealth's share of the premiums for active state employees and their dependents shall be 85 per cent; provided further, that the commonwealth's share of the premiums for active state employees hired after June 30, 2003 and their dependents shall be 80 per cent; and provided further, that the commission shall notify the house and senate committees on ways and means by April 1 of each year of the cost of the commonwealth's projected share of group insurance premiums for the next fiscal year; and provided further, that the group insurance commission may pay premium and plan costs for municipal employees and retirees who are enrolled in the group insurance commission's health plans pursuant to the commission's regulations
706,399,124
1108-5350 Retired Governmental Employees Group Insurance Premiums
For the cost of group insurance premiums for elderly governmental retirees
903,932
1108-5400 Retired Municipal Teachers Group Insurance Premiums
For the costs of group insurance premiums for retired municipal teachers and the audit of those premiums
85,440,698
1108-5500 Group Insurance Dental and Vision Benefits
For the costs, notwithstanding chapter 32A of the General Laws to the contrary, of dental and vision benefits for those active employees of the commonwealth, not including employees of authorities and any other political subdivisions, who are not otherwise provided those benefits under a separate appropriation or the terms of a contract or collective bargaining agreement; provided, that the employees shall pay 15 per cent of the monthly premium established by the commission for the benefits
7,198,368

account description amount
Trust and Other Spending 997,595
1120-2300 Basic Health and Optional Medicare Extension Insurance Rate Stabilization 1,500
1120-2611 Employees' Share of the Group Insurance Trust Fund 164,870
1120-3611 Group Insurance Trust Fund - Elderly 50,000
1120-5611 Accumulated Net Interest from Employees' Premiums 781,225