SCHOOL EMPLOYEE INSURANCE CONTRIBUTIONS

SB 125 modifies how school districts and charter schools fund employee insurance. It requires these entities to cover at least 80% of insurance costs for lower-paid staff (under $50,000 salary), 70% for middle-paid staff ($50k-$60k), and 60% for higher-paid staff ($60k+), eliminating previous waivers that allowed them to opt out of the Public School Insurance Authority. The bill also mandates reference-based pricing for hospital services in state health plans, requiring hospitals to charge no more than set rates for covered care. This directly affects school employees and school districts by standardizing their insurance contribution requirements and controlling healthcare costs.