Video & Transcript Research : 'premium structure'

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MN

Minnesota 2025-2026 Regular Session

Ways Committee Meeting - 2026-05-06

Ways and Means

Transcript Highlights:
  • which includes unrealized tax incomes, payments into the UI trust fund, and workers' compensation premiums
  • which includes unrealized tax incomes, payments into the UI trust fund, and workers' compensation premiums
  • It does not change compliance structures for those other laws.
  • It does not change<00:13:03.920> compliance<00:13:04.399> structures<00:13:05.040> for
  • <00:13:05.360> those change compliance structures for those change compliance structures for
NM
Transcript Highlights:
  • I just had a conversation with a member yesterday who pays over $885 a month. for her premium for herself
  • She told me that the premium costs can be so prohibitive that she puts off needed visits to the doctor
  • By establishing an 80/20 premium cost share model for public school employees, the legislature could
  • After the enactment of a previous revision to premium contributions, approximately 837 additional public
  • The separate governance structures allow us to try new things and to execute Thank you, Mr. Chair.
Keywords: 996, all
NH

New Hampshire 2025 Regular Session

Senate Finance (04/28/2025)

Finance

Transcript Highlights:
  • Um, nor is premium revenue.
  • The premiums start at 255%.
  • Um nor is premium revenue. Um nor is premium revenue.
  • <01:37:21.840> This advantage healthcare premiums. This advantage healthcare premiums.
  • Um, they had both premiums and cost sharing. We're proposing here only premiums.
Keywords: 1191, senate, all
NM

New Mexico 2025 Regular Session

IC - Legislative Finance Oct 15th, 2025

Transcript Highlights:
  • We've been trying to get that one structured.
  • It was a really good structure that they proposed themselves, and we were happy to be able to accomplish
  • The structure program funded out of our department was something that I just didn't want to bite off
  • The agency requested increasing its personnel category by $11.3 thousand for premium increases and its
  • The request increased personnel costs by $14.6 thousand for employee health premiums and GST rates, and
NM

New Mexico 2026 Regular Session

House - Health and Human Services Jan 30th, 2026 at 08:34 am

House Health & Human Services

Transcript Highlights:
  • He argued that the outcomes are clear: more affordable and predictable malpractice insurance premiums
  • The premiums might be. So on and so forth.
  • And he pointed out that his premiums had gone up by something like $200,000 a month.
  • Our malpractice insurance premiums will continue to go up, and fewer insurers will offer policies.
  • Our malpractice insurance premiums will continue to go up, and fewer insurers will offer policies.
Keywords: 996, all
TX
Transcript Highlights:
  • I thought our insurance premiums were going to go down."
  • So if I have a $100 loss today and I have 100 premium owners or payers, They're going to put a dollar
  • witnesses, is the myth that lawsuits and runaway juries are the cause of skyrocketing insurance premiums
  • Everybody in this room is dealing with rising insurance premiums. It has nothing to do with law.
  • So the insurance companies are making massive profits, but insurance premiums are not going down.
CA
Transcript Highlights:
  • General Fund loan repayment, does it not impact the separate fee increase to address the Bureau's structural
  • And so establishing another office would create a parallel structure with Northern California and Southern
  • Other than I just want to add, we use performance-based fee structures, so the increased cost means we
  • This reflects changes in estimated health and dental premium cost.
  • The health premiums are an estimate.
Keywords: 988, house, all
Summary: The subcommittee held a May Revision budget hearing on state administration and related issues, hearing presentations from multiple departments and agencies. Early items included the Public Employment Relations Board on funding for implementation of AB 1 and a reduced request tied to AB 288, the Governor’s Office of Service and Community Engagement on a technical College Corps adjustment, and the Secretary of State on building security upgrades, election security grant matching funds, and payroll system readiness costs. The Department of Consumer Affairs presented a Board of Pharmacy modernization request and a General Fund backfill for the Bureau for Private Postsecondary Education; the LAO raised no concerns on the pharmacy item but recommended rejecting the private postsecondary backfill and questioned interest-free loan language. The Employment Development Department outlined several large workload and benefit adjustments, including EDD Next document management funding, UI loan interest, DI/PFL benefit increases, WIOA adjustments, school employee benefits, an EMT training reappropriation, and a technical reversion correction; the LAO flagged the size of the DI/PFL increase and the expansion of the document management scope, while members asked about program impacts and timelines. The California Workforce Development Board presented an April adjustment to reimbursement authority for an interagency agreement with Caltrans, which the LAO said raised no concerns. Public comment on that item and others included support for workforce and apprenticeship initiatives, including the Jails to Jobs proposal and renewal of the Apprenticeship Innovation Fund, though those were not part of the May Revision package. The Department of Industrial Relations then presented several proposals: reclassifying legal positions, continuing modernization of the workers’ compensation EAMS system, Cal/OSHA data modernization, creating a Cal/OSHA emerging technologies unit, reappropriating funds for the California Opportunity Youth Apprenticeship program, and trailer bill changes requiring electronic payment of employer assessments and adjusting the statutory treatment of the workers’ compensation administrative director’s salary. The LAO generally found the IT and salary proposals reasonable but urged close monitoring of the new emerging technologies unit. Committee members, especially Assemblymember Ortega, pressed DIR on long vacancy rates, wage theft claim delays, low collection rates for Cal/OSHA fines, and whether new resources would improve outcomes; DIR said it was pursuing recruitment, classification reviews, and process modernization, while the LAO noted that staffing alone may not explain the delays. The Workers’ Compensation Appeals Board also sought to make permanent a 2024 change to the 60-day reconsideration clock, saying it had reduced backlog and interim orders; the LAO had no concerns. Finally, the Department of Human Resources presented a statewide Employee Assistance Program contract consolidation that would lower costs compared with renewing separate contracts and requested one program manager position to oversee the contract and first responder services; the hearing continued with Finance’s response after the transcript ended.
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Ways and Means Jun 21st, 2026 at 11:00 am

Joint Committee on Ways and Means

Transcript Highlights:
  • , to figure out a programmatic way to get around the fact that premiums are rising because there is less
  • And I think we have a lot of opportunity to think about how we want to structure that type of planning
  • And I think we have a lot of opportunity to think about how we want to structure that type of planning
  • And we have some of the highest family premiums of any state in the country.
  • That's a structure that I don't know that many other states quite have that same type of structure.
Keywords: 995, all
Summary: The Joint Committee on Ways and Means held a Health and Human Services budget hearing in Clinton, with opening remarks from Chairs Meg Kilcoyne and Robin Kennedy, local officials, and many House and Senate members introducing themselves. The hearing focused on Governor Healey’s FY27 EOHHS and MassHealth budgets, with repeated themes of rising health care costs, federal funding uncertainty, workforce shortages, and access to care in underserved regions. Members also raised concerns about primary care shortages, rural and regional disparities, behavioral health access, maternal health, food insecurity, and the impact of federal policy changes on Massachusetts programs. EOHHS Secretary Kiame Mahaniah said the FY27 EOHHS budget totals $33.7 billion, reflecting mostly non-discretionary growth from health care costs, labor costs, caseload increases, and provider rate pressures. He highlighted targeted investments in foster care, family resource centers, maternal health, youth services, nutrition programs, immigrant legal services, and human service workforce rates, while warning that federal actions could strip roughly $3.5 billion annually from the state’s health care funding. In response to questions, he defended the administration’s cooperation with federal audits and program integrity efforts, discussed the primary care crisis, and said the state is trying to preserve core services while preparing for a more difficult FY28 budget cycle. MassHealth Undersecretary Mike Levine then described two major FY27 challenges: double-digit cost growth and the expected effects of the federal One Big Beautiful Bill Act. He said MassHealth’s proposed $22.7 billion gross budget includes a 7.5% increase and relies on a moratorium on new expansions plus targeted reductions, including a $1,000 annual adult dental cap, ending GLP-1 coverage for weight loss only, reducing care management to peer-state levels, and work groups to slow growth in PCA, adult foster care, and adult day health spending. Members questioned the impact on Boston Health Care for the Homeless, preventive care, and regional access; Levine said the changes are meant to preserve sustainability, that children and certain disabled populations remain protected, and that the administration will continue working with providers, advocates, and the Legislature on implementation and longer-term reforms.
AL

Alabama 2026 1st Special Session

Alabama House Insurance Committee Feb 11th, 2026

Insurance

Transcript Highlights:
  • Um, on the life insurance piece on this, so they can't factor in the organ donation at all and premiums
  • , um, like even with actuarial evidence, they still couldn't—they can't use that as a factor for premiums
  • , um, like even with actuarial evidence, they still couldn't—they can't use that as a factor for premiums
  • Uh, HB 391 is a simple bill that creates a corporate structure that allows a nonprofit insurance company
NM

New Mexico 2025 Regular Session

IC - Legislative Health and Human Services Aug 20th, 2025

Legislative Health & Human Services Committee

Transcript Highlights:
  • Well, it's the structure of a hotel. Building and it is incorporated as a hotel.
  • **Witness**: We pay our premiums.
  • And those premiums cover physicians, nurse practitioners, and PAs that are employed by Rehoboth.
  • What are the premiums? How much have premiums gone up, Madam Chair?
  • Quotes on this year, but we're looking at a 20% premium increase on top of some other things.
NH
Transcript Highlights:
  • So that means they can charge a premium, and 90% of that premium is predetermined by a three-year average
  • when they charge in a sh a premium when they charge in a premium<04:19:07.040> 90%<04:19:07.720
  • > of<04:19:07.880> that<04:19:08.080> premium<04:19:08.800> is premium 90%
  • of that premium is premium 90% of that premium is predetermined<04:19:10.399> by<04:19:10.560
  • bills are going to increase the premium bills are going to increase the premium so<04:39:18.359>
Keywords: 1189, house, all
Summary: The subcommittee first took up several bills and repeatedly chose to retain or table them rather than advance them. House 167, dealing with past wax, was voted ought to pass; House 312 was retained because members said NCAA-related advertising and uniform policy issues were still unresolved; House 434, requiring insurers to provide rental cars for at least seven days, was voted inexpedient to legislate; and House 454, on biodegradable packaging claims, was also voted inexpedient to legislate after members said the proposal lacked a workable enforcement mechanism and would likely be only a symbolic state-by-state measure. House 721, making gold legal tender, was retained, with members saying the bill needed more work and that the issue was less compelling in New Hampshire because the state has no sales tax. The committee then discussed House 310, which was amended to create a study commission on blockchain and related regulatory issues. The amendment expanded the commission’s charge to include legal, regulatory, financial, technological, and environmental considerations, added review of federal developments, included blockchain-based trust and stable token issues, broadened membership, and extended the repeal and report dates by a year. Members said the commission would help New Hampshire develop expertise and a report for future legislation, while also noting that federal action could affect the state’s role. The amendment was adopted 8-1, and the bill itself was then retained. Finally, the subcommittee heard a revised amendment to House 406 on business filings and registered agents. The Secretary of State’s office explained that the amendment, drafted with input from the Business and Industry Association, narrows the bill to address fraudulent or unauthorized entity filings after a written complaint and sworn statement, sets minimum requirements for registered agents, bars use of commercial mail-drop addresses as registered offices, and allows removal or cancellation of fraudulent filings with penalties for false filings. Members asked about which entities must maintain registered offices and how the rules would affect home-based businesses; the sponsor said most New Hampshire business entities must have a registered office, with some exceptions such as domestic nonprofits and trade names. The discussion emphasized concerns about synthetic entities, identity misuse, and the need for a physical in-state registered agent address.
HI

Hawaii 2025 Regular Session

LBT Public Hearing 01-31-2025

Labor and Technology

Transcript Highlights:
  • however, we'd also like some outside information, some outside data, so that we can make sure that our structure
  • c><00:02:58.280> sure<00:02:58.560> that<00:02:59.000> our<00:02:59.280> structure
  • that we can make sure that our structure that we can make sure that our structure is<00:03:00.360
  • <00:24:24.520> Medicare<00:24:24.919> Part<00:24:25.159> B<00:24:25.480> premiums
  • change in the Medicare Part B premiums change in the Medicare Part B premiums from<00:24:26.679>
Keywords: 912, senate, all
Summary: The Committee on Labor and Technology heard several labor and personnel measures. Senate Bill 1567 would require the Department of Human Resources Development to conduct a comprehensive review of the executive branch classification and compensation system and allow it to contract with a third party outside normal procurement rules. Director Brana Hashimoto testified in support, saying the state has more than 1,400 classes of work and limited staff to keep the system current; she said outside vendor help and market data are needed to update class specifications, minimum qualifications, and pay structures. She noted the project scope and timeline would depend on funding, and said the governor had approved about $1 million for the effort. Members asked about vendor scope, comparisons to the private sector and other public employers, consolidation of obsolete classes, and whether the exemption from procurement rules would speed the work. The committee also heard Senate Bill 326 on defense of state employees, with testimony in support from HGEA, the Hawaii State AFL-CIO, and the Hawaii State Teachers Association. Senate Bill 337 would expand the pool of interest arbitrators used in collective bargaining disputes by allowing the Hawaii Labor Relations Board to request a list from the Federal Mediation and Conciliation Service and to use arbitrators from both FMCS and the American Arbitration Association; HGEA supported the bill, saying the broader pool would improve selection and address communication issues. Senate Bill 1233 would create a State Internship and Workforce Development Program within DeHerd. The University of Hawaiʻi, HGEA, the Hawaii Primary Care Association, and the Chamber of Commerce supported it. DeHerd said the program could help place interns into vacancies and convert them to civil service jobs, but said it would need about five FTE and roughly $330,000 in salaries to administer a program serving about 50 to 75 interns at a time; members questioned whether the positions could be filled and whether the program could proceed without added resources. The committee then heard Senate Bill 1359, which would increase the employer-based composite monthly contribution to the Hawaii EUTF Benefits Trust Fund beginning in January 2026 and then tie future increases to Medicare Part B premium changes with a lag. The EUTF administrator testified, and a member noted the measure resembled a bill that had died in conference the prior year. Senate Bill 1454 would give the Labor and Industrial Relations director authority to issue wage payment violation orders, establish penalties and appeals, and broaden the definition of wage; the department supported it, explaining it would align procedures under chapter 387 with existing chapter 388 enforcement and make investigations easier. Finally, the committee moved through a series of collective bargaining cost-item bills for various bargaining units and related entities, with testimony generally in support from Budget and Finance, HGEA, UH, HHSC, UPW, and other unions and associations. One amendment request was to include bargaining units 1 and 10 in the temporary hazard pay funding bill, and the Hawaii Fire Fighters Association noted its airport firefighters unit was still in arbitration and would provide final numbers later.
NH
Transcript Highlights:
  • These individuals are growing their families, they're growing their careers, and time is at a premium
  • These individuals are growing their families, they're growing their careers, and time is at a premium
  • These individuals are growing their families, they're growing their careers, and time is at a premium
  • Uh just an example of some of structure.
  • Historically, the trustee structures.
Keywords: 928, house, all
Summary: The committee first held a public hearing on Senate Bill 25, which would allow state-chartered credit unions to compensate board members if the membership approves it. Prime sponsor Senator Dan Innis said the bill is enabling only, intended to help credit unions recruit and retain qualified directors and align New Hampshire with other states that already allow such compensation. Credit union representatives from the Cooperative Credit Union Association and St. Mary’s Bank supported the bill, saying board service has become more complex because of cybersecurity, asset-liability management, and other regulatory demands, and that compensation could be modest and take forms such as meeting fees or educational reimbursement. In response to committee questions, they said compensation would be set by the membership, disclosed in advance, and subject to bylaws and internal policies; they also noted that board members must be credit union members and that voting procedures vary by institution, with some using mailed ballots rather than proxy voting. Members raised questions about why credit union boards were historically excluded, what kinds of compensation were contemplated, whether there would be a cap, and how voting and confidentiality would work. Testimony explained that the historical rationale was the nonprofit, volunteer mission of credit unions, but witnesses argued that the modern environment and competition for talent justify a change. They also said the bill would not mandate compensation and would not create a salary structure comparable to banks, but would allow members to approve modest compensation or reimbursements. After no further testimony, the chair closed the public hearing on Senate Bill 25. The committee then opened a public hearing on Senate Bill 26, sponsored by Senator Howard Pearl, concerning the definition of deposits in land sales and escrowed accounts. Pearl said the bill would clarify that buyer funds for upgrades and luxury items in new-home construction are not treated as refundable deposits that must be held in escrow, arguing that the current Attorney General interpretation raises builder costs, increases home prices, and can limit buyer choices. He said the proposal would allow those upgrade funds to be paid directly to builders for construction, with signed disclosures making clear that the buyer requested the items and bears the risk if financing falls through. The hearing on Senate Bill 26 had just begun when the transcript ended.
KY
Transcript Highlights:
  • The job classifications, multiple salary structures, because ultimately all of those things together
  • As you're likely aware, our state has a very complex tax authority structure.
  • ,<00:06:29.919> because multiple salary structures, because multiple salary structures, because
  • In addition, we're processing bills and making sure that we're collecting accurate premiums for over
  • ><00:10:08.320> uh<00:10:08.399> for<00:10:08.640> over collecting accurate premiums
Summary: The House Budget Review Subcommittee on Personnel, Public Retirement, and Finance held its first meeting and heard a presentation from personnel cabinet officials on a major request to replace the Kentucky Human Resources Information System, known as CHRIS, which currently handles HR, payroll, tax compliance, and health plan administration for state government and several local offices. Officials said the system supports payroll for about 48,000 employees, covers all three branches of government and 24 sheriff and county clerk offices, and stores records for nearly 475,000 current and former users. They explained that SAP has said the system will reach end of life and lose support by 2030, creating risks around security, maintenance, and tax compliance if it is not replaced. Commissioners and staff emphasized that the replacement is needed not just as an upgrade but as a full system replacement, especially because the current platform no longer receives meaningful HR enhancements and will eventually lose security updates and tax tables. They also described the Kentucky Employees Health Plan as a major driver of the project, noting it serves nearly 300,000 covered lives, many school boards, pre-65 retirees, and more than 700 entities, with significant complexity in billing, premium collection, and regulatory compliance. Officials said the new system would help address current manual workarounds, support changing insurance rules, and better protect personally identifiable and health information. Members asked detailed questions about the $151 million request, including why the estimate had risen by more than $50 million, what would happen if the project missed the 2030 deadline, how progress would be tracked, how vendor costs were estimated, and what the largest cost components would cover. Officials said the increase was mainly due to inflation and changing requirements, and that there was no real backup plan if the replacement was not completed before support ends. They said the project would be managed through an RFP process expected in July 2026, with kickoff in January 2027 and go-live by July 2030, and that oversight would include an enterprise steering committee, monthly updates, and existing quarterly COT reporting to LRC. They also explained that the largest share of the request is for implementation and integrator services, with additional amounts for software licensing and hosting, independent verification and validation, dependent verification, FSA administration, and limited contract support, and that payments would be tied to deliverables and acceptance testing.
HI

Hawaii 2025 Regular Session

HSH Info Briefing - Fri Nov 7, 2025 @ 1:30 PM HST

Hawaii House Floor Meeting

Transcript Highlights:
  • risk uh which looks at the structural risk uh which looks at the sub-<00:18:54.799> sector<00
  • <01:25:42.080> tax can no longer access premium tax can no longer access premium tax credits
  • , which helped lower my monthly premium to $571.
  • <02:23:04.319> Some because of the premium tax credits.
  • Some because of the premium tax credits.
Keywords: 910, house, all
Summary: The House Committee on Human Services held an informational briefing on the impacts of federal funding cuts, inflation, labor shortages, and chronic underfunding on Hawaii’s nonprofit social safety net. Hawaii Community Foundation opened with a story about a federal worker family relying on food pantry support, then described a “perfect storm” facing human services nonprofits: historically high demand, rising costs, staffing challenges, federal cuts, and state and county contracts that do not cover true service costs. The foundation said it has reactivated its Hawaii Resilience Fund, launched strengthened service grants, and is tracking policy changes and data to help nonprofits respond. Trey Gordner of UHERO presented research on the vulnerability of Hawaii’s nonprofit sector, explaining a framework that assessed political, financial, and structural risk. He said about 8,200 501(c)(3) nonprofits are active in Hawaii, but only about 200 receive direct federal funds; 74 grants to 59 organizations were flagged as politically at risk, totaling about $126 million in unpaid obligations. He said about 68 of the direct-funding recipients rely on federal funds for more than 20% of annual revenue, and that human services nonprofits are among the most exposed subsectors because they serve vulnerable populations and depend heavily on federal support. Catholic Charities Hawaii and the Hawaii True Cost Coalition said community-based organizations were already under strain before the current crisis, with most contracts not covering full costs and many groups depending on private philanthropy to fill gaps. They reported that half of surveyed organizations expect to reduce programs, more than a third may decline future contracts, and some are waiting months for reimbursements. Examples included reduced shelter admissions, fewer case management hours, and cutbacks in kūpuna services. The coalition urged higher contract rates, regular inflation and cost-of-living reviews, and timely reimbursement; no votes or formal actions were taken. Partners in Development Foundation described the loss of Native Hawaiian education funding as especially damaging, saying the federal Department of Education has zeroed out support that creates a roughly $46 million gap, including about $20 million for early childhood programs. The speaker shared a family story from the Nā Pono program to illustrate how early learning services support both children and parents, and warned that the organization’s federal funds make up 72% of its budget. The briefing ended with a call for continued emergency funding and longer-term structural changes to sustain nonprofits statewide.
CA

California 2025-2026 Regular Session

Assembly Insurance Committee Apr 22nd, 2026

Transcript Highlights:
  • For those that did expand the writing, those costs would have meant substantial increases in premiums
  • Currently, every employer in the state contributes less than two cents per $100 in insurance premium
  • Those premiums will continue to rise this year, another 95% alone, and so on and so forth.
  • We appreciate the author's efforts to address the SIBTF, but this bill does not address the core structural
  • We appreciate the altered efforts to address the SIVTF, but this bill does not address the core structural
Summary: The Assembly Insurance Committee met as a subcommittee at first because a quorum was not initially present, then later established a quorum and heard several bills. The main special-order item was AB 1795 (Gibson), which would create statewide standards for testing, inspection, and remediation of wildfire smoke damage in homes, with CalEPA and public health agencies developing science-based standards and insurers required to follow new claims-handling timelines. Supporters, including Insurance Commissioner Ricardo Lara and wildfire survivors, said the bill would bring consistency and safety; insurers and consumer groups generally supported the concept but sought further amendments on scope, standards, and claim handling. The committee voted do pass as amended and refer AB 1795 to Appropriations, with the roll held open for later additions. The committee also considered AB 1576 (Ortega) on the Subsequent Injury Benefit Trust Fund, which would make changes intended to reduce litigation and employer assessments while preserving the program’s purpose of encouraging hiring of workers with prior disabilities. Labor-side witnesses supported the bill as a reform step, while business, public entity, and insurance groups opposed it, arguing it did not address the core structural problems and that a trailer bill was a better vehicle for broader reform. AB 1576 was voted do pass to Appropriations, with the roll held open. AB 1931 (Papan) would create an optional limited-lines license for utilities to offer home protection products for repairs to appliances and utility service lines. Support came from HomeServe, utilities, and industry groups, who said the bill would clarify current law and add consumer protections such as training, disclosures, and a free-look period; there was no opposition in the room. The committee passed AB 1931 to Appropriations. AB 2361 (Pacheco) would limit vicarious liability for peer-to-peer vehicle-sharing platforms like Turo while preserving insurance coverage requirements; supporters said it would align California with other states, while consumer attorneys opposed it as reducing accountability and consumer recovery. The committee passed AB 2361 as amended to Appropriations. AB 2098 (Kalra), heard later, would require employers to allow leave for workers to attend treatment for occupational injuries during work hours, subject to notice and business-necessity limits; labor groups supported it and business and insurance groups sought narrower standards. It was also voted do pass to Appropriations. The committee then completed roll-call add-ons and adjourned.
TX

Texas 89th Regular

Higher Education Apr 1st, 2025

Higher Education

Transcript Highlights:
  • critical that we take a step back and thoroughly study the implications before moving forward with any structural
  • Education Agency and other institutions of higher education. to ensure that our dual credit funding structure
  • The plan design, we don't have to meet state mandates, we don't have to pay premium taxes.
  • And these costs can add up to 20% of the cost of the premiums right there.
  • So taking that off the plate and self-funding would allow us to reduce our health care. premiums and
NM

New Mexico 2026 Regular Session

House - Appropriations and Finance Jan 16th, 2026 at 09:09 am

House Appropriations & Finance

Transcript Highlights:
  • Those increases are for employee health premiums and other types of insurances.
  • difference is also in personnel with the executive. recommending slightly more for employee health premiums
  • increase was for personnel costs mostly for employee health benefits and other types of insurance premiums
  • We've structured these in a very unique, different way than other states, allowing us to build out this
  • Thousand for employee liability premiums as a non-recurring special appropriation, and that is in volume
Keywords: 996, all
OK

Oklahoma 2026 Regular Session

Business Oct 23rd, 2025

Business

Transcript Highlights:
  • the people who report to you get that substantial raise, you're probably going to expect your wage premium
  • now because they're in some dirty, unpleasant job, uh, and they're doing it because they get a wage premium
  • raise, you're probably going to expect your wage premium over them to be consistent and therefore, you
  • So Ohio— Is considering a similar minimum wage, really quite similar structure to Oklahoma.
  • the business owners have invested more into in terms of like a building or like maybe a factory structure
Summary: The committee held a study on the potential effects of living wage or minimum wage laws in Oklahoma, with the chair emphasizing that the discussion was not intended to advocate for or against State Question 832. The first panel focused on economic and workforce impacts. An Oklahoma Department of Commerce representative argued that living wage calculations vary by region and household type, that Oklahoma’s average wages are already near or above many living-wage estimates, and that higher mandated wages could lead employers to cut hours, reduce hiring, automate, or avoid expansion, especially in rural areas where childcare, healthcare, broadband, and infrastructure constraints also affect labor participation. Committee members asked about wage distributions, rural cost differences, training pathways, and whether higher wages might draw workers or businesses out of state; the witness said many low-wage workers move up over time and that Oklahoma has seen net in-migration. A State Chamber Research Foundation witness then testified that a $15 statewide wage floor would raise payroll costs substantially, especially for small rural employers, and cited examples from California and Seattle to argue that higher wages can reduce hours, jobs, and benefits while increasing consumer prices. She suggested alternatives such as expanding the state earned income tax credit and promoting upskilling through existing education and training programs. A Missouri Chamber of Commerce and Industry representative described Missouri’s recent voter-approved minimum wage increase to $13.75, rising to $15, along with paid sick leave provisions. She said the chamber opposed the measure because it would raise business costs, hurt rural communities and youth employment, and force some employers to cut hours, reduce hiring, or close. She cited examples from Missouri businesses facing significant added costs and warned that a future ballot initiative could create a patchwork of local minimum wages. In response to questions, she said Missouri’s law did not distinguish by age or industry, that businesses had raised concerns about union contracts and compliance, and that the chamber viewed the measure as harmful to competitiveness. Peter Hansen of NFIB presented the final major testimony, summarizing an NFIB study projecting that a higher Oklahoma minimum wage would produce some short-term GDP gains but longer-term losses, with GDP turning negative by the early 2030s and job losses growing over time. He said businesses respond to higher wage mandates by raising prices, trimming jobs, converting full-time positions to part-time, reducing benefits, and shifting investment toward automation or other capital. He argued that the burden falls most heavily on vulnerable workers such as young or marginal employees, who are less likely to be hired when labor costs rise. In questioning, he acknowledged that higher wages can improve pay for some workers and may have some short-term positive effects, but maintained that the long-term employment and investment effects are negative. No votes or formal actions were taken in the meeting.
MN

Minnesota 2025-2026 Regular Session

Committee on Health and Human Services - 04/15/26

Health and Human Services

Transcript Highlights:
  • Section 4 modifies the payment structure for certain disproportionate share hospitals to increase the
  • Section 4 modifies the payment structure Section 4 modifies the payment structure for<00:31:53.680
  • If this bill doesn't pass, we revert to current law and structure with 9502 locked in rule only to be
  • <00:54:06.400> or insurance companies raising premiums or insurance companies raising premiums
  • But to succeed, counties need the right structure and resources.
Keywords: 1187, senate, all