Supplementing and amending appropriations to Public Employees Insurance Agency

This bill provides an additional $87 million in funding from the state's general revenue surplus to the Public Employees Insurance Agency for fiscal year 2025. The money is designated to help offset increases in health insurance premiums for public employees, ensuring that the required cost-sharing percentages between employers and employees remain manageable. The legislation also specifies that this supplemental appropriation cannot be used to calculate the aggregate premium cost-sharing rates for the current plan year. Once enacted, the funds are intended to be transferred to a special revenue fund to cover specific benefit changes and premium adjustments.