AN ACT REQUIRING A ONE-THIRD STATE SUBSIDY FOR RETIRED TEACHERS' HEALTH INSURANCE COVERAGE.

HB 5801 requires the state to pay one-third of the premium cost for retired teachers' Medicare supplemental health insurance plans. This directly affects retired public school teachers who purchase these supplemental plans to cover gaps in Medicare coverage. The bill mandates that the state subsidy apply equally to all eligible retired teachers' supplemental insurance plans. It creates a new state financial obligation for this specific health coverage cost, rather than changing eligibility or benefit structures. The bill focuses on reducing out-of-pocket costs for retired educators by shifting a portion of their insurance expenses to state funds.