ST EMPL GRP INS-EMPLYR BUYIN

Amends the State Employees Group Insurance Act of 1971. Changes the definition of "employee" to include employees of qualified employers. Defines "qualified employer" as an employer with more than 2 and less than 50 employees that opts-in to pharmaceutical benefits coverage under the Act, enters into an agreement with the Director of Central Management Services to cover the costs of the benefits provided to the qualified employer's employees, requires all employees to enroll in the program, and allows dependents of employees to enroll in the program.