The Board of Trustees - State Employees' Group Benefits administers the group health and accident insurance and group life insurance to political subdivision employees, political subdivision retirees, state employees, retired state employees, school board employees, school board retirees, and their dependents. This program came into existence with Act 745 in 1979. The composition of the Board of Trustees and the organizational structure was modified significantly to include a Chief Executive Officer, Chief Operating Officer, and Chief Information Officer by Act 150 of the 1998 Special Session of the Louisiana Legislature. At this time, the State Group benefits program has approximately 75,000 plan members and their dependents in the indemnity program, and approximately 42,000 participants and their dependents in various HMO’s. The State Employees Group Benefits Program processes each month approximately 175,635 group health and accident claims.
The State Employees' Group Benefits Program has only one program, State Group Benefits Program. Therefore the mission and goals of the State Employees' Group Benefits Program are the same as those listed for the State Group Benefits Program in the program description that follows.
State Employees’ Group Benefits Program is an ancillary agency in the Division of Administration.
This agency's recommended appropriation does not include any funds for short-term debt.
This agency does not have any long-term debt for Fiscal Year 1999-2000.
This agency's recommended appropriation also includes the following amount by means of financing for payments on the unfunded accrued liability of the Louisiana State Employees' Retirement System in accordance with the provisions of Article X, Section 29 of the Constitution of Louisiana:
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