Concerns annual reporting requirements of SHBP and SEHBP commissions.

This bill requires the State Health Benefits Commission (SHBP) and School Employees' Health Benefits Commission (SEHBP) to annually publish detailed reports explaining how health benefit rates are set. Each commission must produce a report prepared by an actuarial firm, including financial projections, trend analysis, and plan overviews for the upcoming year. The reports must be submitted to the Governor and Legislature, posted online, and followed by a public comment period and at least one public hearing. These changes directly affect the two commissions and increase transparency for state and school employee health benefit programs.