State employees and officials group insurance-legislators.
This bill allows members of the Wyoming legislature to be eligible for insurance coverage under the State Employees and Officials Group Insurance Program, beginning on January 7, 2013.
The bill requires the legislature to annually appropriate from the General Fund to the Legislative Service Office amounts necessary to fully fund the employer’s and member’s contributions for those eligible and enrolled members of the legislature.
The total cost of this insurance coverage is estimated at roughly $2.1 million per year beginning on January 7, 2013, based on the following assumptions:
It is assumed that the annual cost of $2.1 million will increase at the same rate as the existing State insurance plan.
This bill is effective on January 7, 2013.
Prepared by: Dean Temte, LSO Phone: 777-7881
(Info. provided by Ralph Hayes, Employees Group Insurance; 777-5440)