AN ACT CONCERNING A STATE SUBSIDY FOR RETIRED TEACHERS' HEALTH INSURANCE BENEFITS.

This bill requires the state to pay one-third of the cost for retired teachers' Medicare supplement health insurance plans. It directly affects retired teachers enrolled in the Teachers' Retirement Board's health insurance package. The key provision reinstates a previously eliminated state subsidy, reducing out-of-pocket costs for eligible retirees. The policy change applies specifically to the state's contribution toward supplemental Medicare coverage for this group.