Texas Senate Bill SB1968

Texas 2019 - 86th Regular

Caption

Relating to reenrollment of certain retirees in the Texas Public School Employees Group Insurance Program.

Impact

If enacted, SB1968 would amend the Insurance Code to introduce specific provisions regarding the reenrollment of retirees in the health benefit program. The bill mandates that the Teacher Retirement System of Texas establish rules to facilitate this reenrollment process, ensuring clarity and structure for retirees wishing to opt back into the insurance program. This legislative change could have significant implications for retirees, increasing their access to necessary health benefits that they may have lost due to their prior enrollment decisions.

Summary

SB1968 pertains to the reenrollment of certain retirees into the Texas Public School Employees Group Insurance Program. It specifically addresses individuals who voluntarily terminated their initial enrollment during a certain period between September 1, 2017, and September 1, 2018. The bill allows for a one-time reenrollment opportunity, provided that the eligible retirees opt to reenroll by November 1, 2020. This change aims to offer a safety net for retirees who may have faced challenges or regrets regarding their previous enrollment decisions.

Contention

While the bill aims to provide relief to retirees, notable points of contention may arise around its implementation, as some stakeholders may debate the fairness of allowing this one-time reenrollment option. Critics might express concerns about how this change could impact the overall financial health of the Texas Public School Employees Group Insurance Program and whether it sets a precedent for similar policies in other areas. Thus, while the intention is to benefit retirees, discussions could evolve regarding its broader implications for the state's insurance programs.