"Property Tax Relief Act"; makes various changes to SHBP and SEHBP administration and limits reimbursement for certain medical procedures.

Summary

The bill caps how much the State Health Benefits Program (SHBP) will pay for a list of common medical services, using the lowest of the contract price, billed price, or a Medicare‑based reference price. It also forces private employers to decide within a year whether to join the SHBP and, if they join, to stay enrolled for three consecutive years, with penalties for dropping out. The goal is to curb health‑care costs for the state and its employees while providing clearer rules for hospitals and insurers.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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