Video & Transcript : 'actuarial valuation' :

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MI

Michigan 2025-2026 Regular Session

Senate Session 26-07-02

Michigan Senate Floor Meeting

Transcript Highlights:
  • insurer uses non-risk-related factors to set or adjust premiums, resulting in rates that exceed what actuarial
  • So it adds actuarial principles into the definition.
  • So it adds actuarial principles into the definition. The question is on the Tice amendment.
Summary: The Senate convened with an invocation, pledge, attendance, and a series of recesses and caucus calls. The chamber also recognized the retirement of Larry Horn of the Michigan Senate Police Department and later honored departing staff members Macy Maine, Maddie Cutler, and Julia Schmidt. Senator Geiss delivered a statement marking the 62nd anniversary of the Civil Rights Act, emphasizing its legacy and the need to protect and strengthen civil rights protections. The Senate received House messages on Senate Bills 870 and 878, with SB 878 sent to conference. It also introduced several new measures, including Senate Joint Resolution L and Senate Bills 1085 through 1091, plus House Bills 4833, 5152, 5153, and 5727, referring them to the appropriate committees. The chamber discharged multiple committees from further consideration of bills and suspended rules several times to move legislation onto the General Orders calendar and to allow committee meetings during session. On the floor, the Senate passed House Bill 4072 and Senate Bills 792, 793, 1013, and 947. SB 1013, dealing with the Insurance Code and price optimization, included a failed Tice amendment and passed 34-3. SB 947, concerning dam safety under the Natural Resources and Environmental Protection Act, drew supportive remarks from Senator McMorrow and a strong no-vote explanation from Senator McBroom before passing 22-15. The Senate also adopted a McMorrow substitute for SB 947 and later considered a large group of bills in Committee of the Whole, reporting many with amendments and others without amendment for third reading. The session ended with the Senate adjourning until Friday, July 3rd at 12:15 a.m.
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Public Service Jun 21st, 2026 at 01:00 pm

Joint Committee on Public Service

Transcript Highlights:
  • of the fact that we have the supplementary schedule, the supplementary regulation in place, our actuarials
  • of the fact that we have the supplementary schedule, the supplementary regulation in place, our actuarials
  • We've also submitted over 40 testimonials from our members and two actuarials on two of the bills.
Summary: The Joint Committee on Public Service held its 15th hearing of the 194th General Court, focused on retirement group classifications for a range of public safety and related employees. Much of the testimony centered on bills affecting Barnstable County dispatchers and 911 telecommunicators, who argued they should remain in or be moved to Group 2 because their work is highly stressful, life-or-death in nature, and historically had been treated that way. Speakers said the proposed changes would largely grandfather in current employees, would not add costs in some cases, and were needed to correct outdated statutory language and PERAC rulings that had created uncertainty for workers nearing retirement or already retired. Similar support was offered for bills to reclassify 911 dispatchers statewide from Group 1 to Group 2, with testimony from dispatch supervisors, sheriffs, and police associations describing chronic stress, PTSD, staffing shortages, and retention problems. The committee also heard testimony on several other retirement-related bills. Representatives of Massport and campus police supported measures to align retirement benefits for Massport police and public higher education police with other law enforcement groups, arguing they perform comparable duties and face similar risks. The Massachusetts Chiefs of Police Association also backed a bill to ease post-retirement earning restrictions for retired police and firefighters so they can continue consulting, training, or advising without penalty. MOSES testified in favor of bills moving certain state employees into Group 2, including forensic scientists at the State Police Crime Lab, DCR aerial foresters, and Department of Correction construction coordinators, citing hazardous work environments and physical danger. Department of Fire Services compliance officers likewise sought Group 4 classification, describing exposure to toxins, fatal fire scenes, and cancer risks. No votes were taken during the hearing. The committee heard extensive testimony from affected employees, union and association representatives, and public safety officials, all urging favorable reports on the bills. At the end of the hearing, the chairs thanked witnesses and staff, and the committee adjourned after a motion and second.
FL

Florida 2025 Regular Session

October 8, 2025 - 01:00 PM

Transcript Highlights:
  • OUR CHIEF MEDICAL OFFICER IS HELPING LEAD THAT, ALONG WITH SUPPORT FROM THE ACTUARIES FOR ANY OF THE
  • THAT VENDOR IS THE OTHER ACTUARIAL FIRMS.
  • TO ISSUE THE REPORT JANUARY 05, 2026 BEING LED INTERNALLY BY OUR CHIEF MEDICAL OFFICER ALONG WITH ACTUARIAL
CA

California 2025-2026 Regular Session

Assembly Insurance Committee Jul 2nd, 2025

Transcript Highlights:
  • expenditure... ...authority for me to get the necessary contracts in place to help my department's actuaries
  • And now we have the consultants, the actuaries, the staff will be ready by the end of this month.
  • We have the actuaries. We have everything in place to accept these new rate filings.
Summary: The Assembly Insurance Committee held its fifth oversight hearing on the California Department of Insurance’s Sustainable Insurance Strategy (SIS), with Commissioner Ricardo Lara providing an update on implementation. Lara said the department has finalized major reforms, including new catastrophe modeling tools, faster rate review procedures, use of forward-looking data tied to mitigation, and modernization of the FAIR Plan. He argued the strategy is intended to improve insurance availability in wildfire-prone areas, increase transparency, and stabilize the market, while also criticizing consumer intervenor groups and saying the department will tighten rules on intervener compensation and relevance. Members questioned Lara about when the SIS would begin producing visible market changes, how long rate filings would take to approve, and what the FAIR Plan modernization would mean for consumers’ costs. Lara said catastrophe model approvals should be completed by the end of the month, insurers are expected to begin submitting SIS filings in the coming weeks, and rate reviews have already been reduced from 281 days to 71 days. He also discussed a new market conduct investigation into State Farm’s handling of wildfire claims, ongoing complaints about smoke-damage claims, and a newly created smoke claims and remediation task force to develop standards. Lara said the department has helped more than 12,000 wildfire survivors, with over 38,000 claims filed and more than $17 billion paid, and that it is also working with other western states on underinsurance issues. Public commenters from the insurance industry, homebuilding, and insurance brokerage sectors largely supported the SIS and the department’s efforts, saying the reforms are needed to restore availability and stability. They emphasized the importance of timely rate approvals, FAIR Plan solvency, and greater transparency, and several noted that member companies are preparing to use the new filing process. The hearing ended without a vote or formal action, though members and the commissioner discussed ongoing legislative needs, including AB 226 and possible future FAIR Plan transparency measures.
FL

Florida 2025 Regular Session

February 19, 2025 - 03:30 PM

Transcript Highlights:
  • We'll have an actuarial firm that'll do the numbers for you. This group met monthly.
  • It needed to be actuarially sound and reimbursement-based.
  • They have, obviously, a whole team of actuaries within their organization, and they helped us develop
Summary: The Human Services Subcommittee met with a quorum present and took up a presentation from the Department of Children and Families on HB 7089, which revises how Florida’s community-based care (CBC) lead agencies for child welfare are funded. Representative McFarland described the bill’s background, arguing that the prior formula relied too heavily on outdated, static factors and produced inequities among CBCs. She emphasized that the new approach is intended to provide a more stable, transparent, and statute-based funding method that better supports prevention, case management, and family services while reducing year-to-year political uncertainty. DCF Chief of Staff Casey Penn explained that HB 7089 required an actuarially sound, reimbursement-based formula developed with CBC and provider input. The new model uses a cost-based structure with three tiers: Tier 1 for operational and administrative costs, Tier 2 for per-child/per-month service costs, and a possible Tier 3 incentive component for performance measures if the Legislature chooses to fund it. The model includes regional growth factors, inflation adjustments, a 2% risk corridor for Tier 2, a hold-harmless provision for agencies that would otherwise receive less than prior funding, and the ability for CBCs to retain some state general revenue savings. DCF said the model produced a total budget need of about $1.392 billion, roughly $28.6 million above the prior year after offsets, and that the department is also updating its child welfare case management system to improve data quality and future modeling. Members asked about whether prevention spending is captured, how Tier 3 incentives would work and how much they might cost, how the formula accounts for insurance, hurricanes, child acuity, and staffing costs, and whether CBC executives’ compensation is capped. DCF said prevention is included in the model but is not yet separately broken out due to data limitations, Tier 3 is optional and not yet costed, and the formula can incorporate additional growth factors if needed. On executive pay, DCF explained that compensation is limited by statute for CBC contracts, but multiple contracts and non-state funding sources can affect total compensation; staff later clarified that CBC CEOs with multiple contracts had been reviewed for compliance. The meeting ended after questions, and Representative Miller moved to adjourn; the subcommittee adjourned without any vote on the bill.
MN

Minnesota 2025-2026 Regular Session

House Taxes Committee 3/5/26

Taxes

Transcript Highlights:
  • ><00:15:55.759><c> a</c> downtown areas and you know, from a downtown areas and you know, from a valuation
  • </c><00:15:57.360><c> And</c><00:15:57.759><c> you</c><00:15:57.920><c> know,</c> valuation standpoint
  • And you know, valuation standpoint?
  • before you get to the assessment year, taxable year, there's always going to be a lag in those valuations
  • and and, you know, kind of valuations and and, you know, kind of what<00:18:02.400><c> you</c><00:18
Bills: HF3396
Committee: House Taxes
LA

Louisiana 2026 Regular Session

Appropriations Mar 30th, 2026

Appropriations

Transcript Highlights:
  • From an actuarial standpoint, the oldest debt is sometimes not the best debt to pay off.
  • Yeah, so any debt, sometimes when the actuaries do this, it could be the one that has the longest lifespan
Bills: HB27 , HB290 , HB308 , HB311 , HB382 , HB417 , HB575 , HB755 , HB980
FL
Transcript Highlights:
  • We do have an actuarial contractor that develops the per-member, per-month rates for us from year to
  • We do have an actuarial contractor that develops the per member per month rates for us from year to year
Summary: The Legislative Budget Commission met with a quorum present and considered 12 budget amendments, most of which were adopted without opposition. The first amendment transferred $8.2 million in Department of Corrections general revenue authority from salary incentives to contracted services to support the phased demobilization of Florida National Guard troops assisting with correctional staffing. Senator Pizzo questioned the length of the Guard’s deployment and urged a long-term staffing solution, while the department said the Guard presence was being reduced and that about 2,200 employees were in training. The Department of State received an additional $618,391 in federal grant authority for library grants and private cloud costs, and the Department of Transportation’s two amendments were zero-sum work program changes: one realigned funds to production-ready projects and another added three projects over $3 million each to the current-year work program. The commission then approved several Agency for Health Care Administration amendments tied to Medicaid supplemental payment programs. These included funding for the Florida Cancer Hospital Program, indirect medical education payments, disproportionate share hospital payments for the state mental hospitals, the Low-Income Pool program, physician supplemental and public hospital payments, Florida KidCare, and Medicaid services realignment. Members asked about possible federal disallowances in the LIP and physician/public hospital programs, and agency staff said some disallowances were likely but the amount was not yet known. For KidCare and Medicaid, staff explained the changes were based on the December estimating conference, enrollment shifts, and updated actuarial assumptions, including changes to managed care regions and program design. The final amendment restored budget authority for a hospital direct payment program after a prior payment, including a $24.3 million CMS-related amount and $3.2 million in administrative fees, was not processed before fiscal year-end and reverted. Senator Pizzo pressed the agency on how the payment was missed and whether any penalty applied; staff said the invoice was not received and processed in time and that communication issues contributed. After brief debate on each item, the commission adopted all amendments, with one recorded nay on the final item, and then adjourned.
FL
Transcript Highlights:
  • documented hundreds of pages of operational failures to include arbitrary rejections, inflated valuations
  • just kind of across the board, we're seeing a pattern of discriminatory enforcement, inconsistent valuations
Summary: The Legislative Auditing Committee heard several local-government audit requests and unanimously approved each one. The first item was Baker County, where county commissioners asked for an operational and financial audit because of repeated late audits, concerns about the finance office, and lack of confidence in county financial reporting. The county clerk supported an audit but argued it should be countywide and include all constitutional officers; she also described a dispute over access to the county finance system and pending litigation. After brief questions, the committee adopted a 9-0 motion directing the Auditor General to perform an operational audit of Baker County’s financial operations and records, with scope to be finalized during the audit. The committee then approved an audit request for the Concord Estates Community Development District in Osceola County. Senator Arrington said residents alleged excessive board compensation, large unexplained spending, missing financial reports, and refusal to provide records or hold open meetings. Residents and a board member testified about rising assessments, deteriorating amenities, and lack of transparency. The committee voted 10-0 to direct an operational audit of the CDD. It also approved, by 10-0 votes, operational audits of the town of Melbourne Beach, based on allegations of fiscal and operational improprieties and lawsuits that had cost the town more than $150,000, and the city of Apalachicola, where Senator Simon said longstanding water utility failures, grant issues, and consent-order problems warranted review. The final request was for a financial and operational audit of Cape Coral’s Building Department. Representative G. Lombardo said building-fee revenues appeared to be transferred for non-building purposes, permit processing was inconsistent, and the department relied heavily on a private firm while the building official had prior ties to that firm. Industry representatives testified that building funds were being diverted, service levels were suffering, and private-provider inspections were not always reflected in fee reductions. The committee adopted the motion 10-0. After completing all agenda items, the committee adjourned.
WA

Washington 2025-2026 Regular Session

Joint Legislative-Executive Committee on Budget Transparency and Fiscal Sustainability Jul 20th, 2026

Joint Legislative-Executive Committee on Budget Transparency and Fiscal Sustainability

Transcript Highlights:
  • program through managed care contracts, there are certain federal requirements around rates being actuarially
  • program through managed care contracts, there are certain federal requirements around rates being actuarially
  • And, you know, I was participating very directly in the actuarial process that was trying to estimate
  • And there were, you know, several times where the actuaries got it wrong, and they didn't have a good
  • ... ...times where the actuaries got it wrong, and they didn't have good data yet to kind of really understand
Summary: The committee held its first meeting, with co-chairs and members introducing themselves and staff outlining the committee’s statutory charge under the 2026 supplemental operating budget. Staff explained that the committee is tasked with studying budget transparency and fiscal sustainability in two phases: first, revenue growth, spending assumptions, statutory cost drivers, and carryforward/maintenance levels; and later, staffing, overhead, performance management, and public reporting tools. The committee also discussed its goals, with members emphasizing a shared factual understanding of Washington’s fiscal situation, the causes of projected structural deficits, and possible paths to a more sustainable operating budget. Staff then gave a detailed operating budget basics presentation. They reviewed the size and composition of the operating budget, explaining that most spending is concentrated in grants and client services, salaries and benefits, and goods and services, with K-12 education, DSHS, the Health Care Authority, DCYF, corrections, and higher education making up most NGFO spending. They also walked through the distinction between constitutional, federal, statutory, and discretionary spending; the role of caseload and per-capita forecasts; how maintenance level and policy level budgets are built; and how the four-year outlook works, including revenue forecasts, reversions, budget stabilization account reserves, and the official outlook adoption process. Members asked several questions about what is or is not included in the outlook, especially future collective bargaining agreements, health care inflation, court-ordered liabilities, and whether the budget could better separate mandatory from discretionary spending over time. Staff said some of those questions would require follow-up and noted the existence of an outlook accuracy report. The committee then heard from Josh Goodman of the Pew Charitable Trusts, who introduced Pew’s state fiscal work and its role as the nonprofit partner supporting the committee. He said Pew would help analyze long-term fiscal sustainability, reserve policies, recession preparedness, and practices from other states, and would draw on its 50-state data and subject-matter experts. No votes were taken and no formal actions were reported at this meeting.
KY

Kentucky 2026 Regular Session

House Standing Committee on State Government.(1-29-26)

State Government

Transcript Highlights:
  • She said she attached the actuarial analysis to the original bill, but did not request one for the committee
  • She had attached the actuarial analysis to the original bill, but did not request one for the committee
  • bill</c><00:16:04.959><c> the</c> attach for the original bill the attach for the original bill the actuarial
  • :07.199><c> I</c><00:16:07.440><c> did</c><00:16:07.600><c> not</c><00:16:07.839><c> request</c> actuarial
  • I did not request actuarial analysis.
HI
Transcript Highlights:
  • Typically, the rates are determined by what's actuarially sound.
  • Um, so the actuary will take into account all risks when determining what a new rate would be.
  • think would solve our concerns, which is to say that the rate should still just be based on sound actuarial
  • think would solve our concerns, which is to say that the rate should still just be based on sound actuarial
  • </c> sound actuarial principles. Period. sound actuarial principles. Period.
Bills: SB2936 , SB2850 , SB2851 , SB2521
Committee: House Health
Summary: The joint hearing covered House Bill 251, which would require hospitals to report costs associated with Medicare and uninsured patients, and House Bill 1875, which would expand protections for gender-affirming health care services. On HB 251, the Department of Health said it supported the intent but described the bill as complicated and potentially impractical as drafted because the department lacks the expertise to produce the required analyses without outside help. Hawaii Health Systems Corporation echoed those concerns, while the Queen’s Health System said it was willing to work with the department to provide the information. In committee discussion, officials explained that hospital support in Hawaii includes public hospital appropriations and the provider tax program, which uses hospital and nursing home contributions to draw federal matching funds; a department witness estimated the net benefit at about $150 million for hospitals and $20 million for nursing facilities, though exact figures would be provided later. On HB 1875, the Insurance Division testified with concerns that the bill’s language on prohibited actions by malpractice insurers was broad and vague, and that a rate-increase prohibition could conflict with actuarially based insurance pricing. The division also noted it was not the primary enforcement agency for the statute. In contrast, many testifiers strongly supported the bill, including the Hawaii State Commission on the Status of Women, the Hawaii State LGBTQ+ Commission, the Hawaii Public Health Institute, PFLAG Oahu, the ACLU of Hawaii, the Drug Policy Forum of Hawaii, the Hawaii County Democratic Party, and others. Supporters argued that gender-affirming care is medically necessary, evidence-based, and protected by privacy and bodily autonomy principles, and that the bill would protect patients and providers from outside political interference. No votes or final committee actions were taken during the portion of the hearing provided.
AL
Transcript Highlights:
  • We have one contract renewal and amendment for property valuation services. >> Any qu? >> Yes, sir.
  • 32.960><c> amendment</c><00:27:33.440><c> for</c><00:27:33.760><c> property</c><00:27:34.159><c> valuation
  • </c> and amendment for property valuation and amendment for property valuation services. services. services
NH
Transcript Highlights:
  • fact that we were not able to come to a consensus on that, the legislature asked us to undertake an actuarial
  • A directive to undertake an actuarial analysis to look at the data, to look at the numbers, and determine
  • And then, having done that, they applied an additional factor, which is an actuarial technique called
  • And then, having done that, they applied an additional factor, which is an actuarial technique called
  • Actuarial Actuarial technique technique technique um<04:27:31.760><c> is</c><04:27:32.080><c> called
Summary: The House Commerce Committee opened a public hearing on House Bill 310, sponsored by Representative Keith Ammon, which would create a study commission to develop a legal framework for stable tokens and tokenized real-world assets. Ammon described stable tokens as blockchain-based digital tokens backed by U.S. dollars or treasuries, and tokenized real-world assets as representations of ownership in items such as gold, real estate, or artwork. He said the bill is intended to help New Hampshire get ahead of emerging financial markets while waiting to see how federal legislation develops. Committee members asked about the purpose of the bill, the difference between this proposal and Bitcoin, whether state regulation could be preempted by federal law, and whether the commission could be balanced and avoid becoming a vehicle for fraud or money laundering. Ammon said the proposal is blockchain-agnostic, could apply to multiple networks, and is meant to regulate asset-backed tokens rather than create a state-issued coin. He emphasized that the state would not be guaranteeing the underlying assets, but would set rules requiring audits, proof of reserves, and honest representation of backing, with the Secretary of State’s securities office involved in oversight. Several members raised concerns about the risks of stablecoins, including money laundering, tax evasion, and possible harm to the dollar or confusion about whether the state was endorsing a new currency. Ammon responded that the bill would not undermine the dollar and argued that tokenization could actually expand demand for U.S. currency by making it easier to use globally. He also said the state would not be in the business of weighing assets or directly valuing them, only ensuring a valid audit trail and one-to-one backing. The discussion ended with general agreement that the subject is complex and that a commission could help develop future legislation, but no vote or final action was taken in the hearing.
MN

Minnesota 2025-2026 Regular Session

Committee on Health and Human Services - 03/03/26

Health and Human Services

Transcript Highlights:
  • With that, we are required by the federal government to contract with an actuary that certifies that
  • the rates are actuarially sound.
  • </c><00:16:17.839><c> um</c><00:16:18.079><c> that</c><00:16:19.040><c> uh</c> contract with an actuary
  • um that uh contract with an actuary um that uh certifies<00:16:20.240><c> that</c><00:16:20.480><c>
  • Interim rate adjustments that we did last year to ensure that the rates were actuarially sound, and on
KY
Transcript Highlights:
  • No, just like the chairman said, this is over and above what the actuary required contribution is.
  • All right, and I will say for the record that Bo Barnes with TRS, they were working on the actuarial
  • and above the chairman said this is over and above what<00:57:43.280><c> the</c><00:57:43.520><c> actuary
  • what the actuary required contribution is<00:57:45.880><c> all</c><00:57:46.039><c> right</c><00:57:
  • </c> TRS they were working on the Actuarial TRS they were working on the Actuarial analysis<00:57:55.680
Summary: The House Standing Committee on Appropriations and Revenue met on February 25 and considered a series of bills and joint resolutions, mostly involving appropriations, capital projects, and local infrastructure funding. The committee first adopted PHS 2 and passed House Bill 152, which creates a Medicaid supplemental payment program for public ground ambulance providers; the sponsor said the substitute ensures no state general fund dollars will be used and that local agencies must identify a funding source for any required match. HB 152 was reported favorably on a 20-0 vote. The committee also passed House Bill 545, the annual claims bill, after members confirmed all executive-branch claims were included; it was reported favorably on a 21-0 vote. House Bill 606, requiring reporting for general obligation bonds, also passed unanimously and was reported favorably. The committee then took up several joint resolutions tied to capital and infrastructure spending. House Joint Resolution 30, concerning water projects, was described as implementing ranked projects under the Waters program administered by KIA and was reported favorably on a 21-0 vote. House Joint Resolution 32, concerning school facilities construction, was amended by PHS 1 and advanced after discussion referencing the Auditor’s report and questions about a Johnson County Schools expenditure; it also passed 21-0. House Joint Resolution 34, relating to contingent appropriations for KCTCS, was amended by PHS 1 and advanced after testimony outlining three projects in Somerset, Jefferson Community and Technical College, and Glasgow; it passed 21-0. House Joint Resolution 46, for local road projects, was described as funding the highest-scoring local road requests from a larger pool of applications and passed 21-0. The committee also advanced House Joint Resolution 53, authorizing release of funds for KSU’s Health Sciences Center project, after KSU officials said the building is needed for nursing and allied health programs and promised a business plan report by November 1, 2025; it passed 21-0. House Joint Resolution 54, authorizing funds related to the State Fair Board, also passed unanimously. Later, the committee considered House Bill 546, which revises the local roads and streets program by adding a DOT-developed scoring system, monthly reporting, a match requirement, and a $500,000 project cap; members asked about the cap and were told larger projects should be handled through other mechanisms. HB 546 was reported favorably on a 21-0 vote. Finally, House Bill 605, a technical corrections and update bill for the local economic relief grant program, was amended by PHS 1 and discussed as expanding eligibility, including to the Delta Regional Authority and certain local-affiliated applicants; the transcript cuts off before the final vote on HB 605.
MO

Missouri 2026 Regular Session

Budget Feb 3rd, 2026 at 08:15 am

Budget

Transcript Highlights:
  • Actually, there were a few districts that had a little higher local effort due to a change in assessed valuation
  • But, you know, as we say in my kind of Moser's pension space, you know, the actuary assuming all assumptions
  • There is, I believe, one district that has a statutory exception due to the assessed valuation situation
Committee: House Budget
Summary: The committee first heard the Secretary of State’s FY27 budget presentation. Secretary Denny Hoskins described his office’s work on business filings, elections administration, securities enforcement, archives, libraries, and Safe at Home, and said the office had cleaned up voter rolls by removing more than 200,000 ineligible voters. Members questioned him closely about deceased voters, voter registration through DMVs, information sharing with the federal government, and whether any personal identifying information would be released; Hoskins said only publicly available information had been shared and that PII would not be released absent a court order. He also said his office had 10 pending lawsuits handled by the Attorney General’s office, and discussed budget lapses, staffing levels, and the need to spend federal and other funds before general revenue when possible. A major portion of the discussion focused on election-related funding requests. Hoskins defended funding for ballot publication in newspapers, saying the constitution and state law require publication of statewide ballot measures and that the cost could rise sharply if many petitions or a referendum reach the ballot. Several members questioned whether the newspaper notices are still effective, while others emphasized that many Missourians still rely on print and that the requirement remains constitutional. The committee also discussed the technology services NDI tied to the sunset of the $5 business filing fee that funds IT operations, with Hoskins saying the office would need general revenue if the sunset is not extended. Other topics included absentee ballot postage reimbursement, election cost transfers, and the library networking fund, which Hoskins said has not historically been funded at the full 10 percent level. Members also raised broader budget and policy concerns, including the office’s FTE count, the restoration of some previously cut archives/local records positions, and the need for a new voter registration system and election-night reporting system. Some members pressed Hoskins on whether his budget requests were consistent with his past calls for smaller government, while he responded that election-year obligations, cybersecurity risks, and outdated systems require investment. The committee did not take a vote on the Secretary of State items during this segment. The committee then began the Department of Elementary and Secondary Education presentation from Commissioner Carla Eslinger. She outlined the FY27 request for the foundation formula, transportation, child care, literacy, educator workforce, and strategic planning. Eslinger said the formula increase is driven by policy changes such as enrollment-based funding and higher special education and virtual education costs; transportation needs a modest increase; child care needs general revenue to replace expiring federal funds; and literacy efforts continue to expand through science-of-reading training and state-approved assessments. She also highlighted through-year testing, grade-level descriptors, teacher recruitment and retention, and work with a new Transforming Schools group. The presentation was cut short when the committee recessed for floor activity, with no votes taken.
MN

Minnesota 2025-2026 Regular Session

House Commerce Finance and Policy Committee 3/11/26

Commerce Finance and Policy

Transcript Highlights:
  • Insurance products are created a year in advance and they're designed by actuaries who evaluate health
  • Insurance products are created a year in advance and they're designed by actuaries who evaluate health
  • Insurance products are created a year in advance and they're designed by actuaries who evaluate health
  • Commerce then reviews the proposed products and rates to ensure that they're actuarially justified and
  • Insurance products are created a year in advance and they're designed by actuaries who evaluate health
Bills: HF3766 , HF3972 , HF3437 , HF4118
KY
Transcript Highlights:
  • Uh, so they're looking at data analytics and the special investigative... actuarially sound rates that
  • make actuarially sound rates that make prevention<00:43:12.840><c> a</c><00:43:12.920><c> financial<
  • The rates were retroactive, and so they have been repaid based on the actuarial reconciliation during
  • </c> repaid based on the actuarial repaid based on the actuarial reconciliation<00:55:45.920><c> during
  • ,</c> in place from the third-party actuary, in place from the third-party actuary, too,<00:59:34.840
Summary: The Medicaid Oversight and Advisory Board received a presentation from Dr. Stack and Commissioner Langfeld on Kentucky’s application for a federal Medicaid-related funding opportunity tied to House Resolution 1. They described a compressed six-week stakeholder process that produced more than 50 responses and letters of support, and said the application was organized around five broad priorities: maternal health, behavioral health and substance use disorder, oral health, EMS/trauma response, and chronic disease. They emphasized that the proposal was designed to align with CMS goals, use allowable funding categories, and focus on sustainability rather than a short-term grant. Commissioner Langfeld outlined five core initiatives: rural community hubs for chronic care innovation, beginning with obesity and diabetes; a maternal and infant health effort called POWER; a behavioral health and substance use model called IMPATH; an oral health initiative called Rooted in Health; and an integrated crisis-to-care EMS and trauma response effort. He said the chronic disease work would include prevention, food-as-medicine concepts, and technology tools, while the maternal health effort would expand team-based care around mothers and infants using community health workers and doulas. The behavioral health proposal would build on existing crisis intervention models, oral health would address workforce and access gaps through training, mobile vans, and telehealth, and the EMS proposal would better connect emergency response with home-based and community care. Several senators questioned whether the proposal would meaningfully address rural hospital closures or the broader rural health care crisis. Senator Meredith said the plan was not transformational and would not save rural hospitals, while Senator Berg asked how success would be measured. In response, the presenters said they would use both lagging and leading indicators, with an emphasis on rapid-cycle feedback and data use that is more actionable in real time. They also said the work could help existing models that already show promise, such as behavioral health units and dental workforce expansion, even if it would not solve the larger funding gap created by HR1. Senator Douglas asked how the proposals would motivate patients to participate in their own health care. The presenters responded that the chronic disease prevention work would focus on obesity, diabetes prevention, nutrition, and consumer-facing technology tools to help people engage in their own care, and that EMS-community health worker partnerships could identify unmet needs in the home and reduce preventable problems. The board then moved on to its next agenda item, Medicaid managed care delivery models, with Tom Stevens, Katherine North, and Dr. Patel scheduled to present.
AR

Arkansas 2026 1st Special Session

ALC-REVIEW Jun 16th, 2026

ALC-REVIEW

Transcript Highlights:
  • Number 13, with Teacher Retirement, is an amendment to an existing contract for actuarial services for
  • Number 13, with Teacher Retirement, is an amendment to an existing contract for actuarial services for
  • This is for actuarial services for the Medicaid program.
Committee: All ALC-REVIEW
Summary: The committee met to review a supplemental agenda item, procurement rule revisions, methods of finance, discretionary grants, contracts, reports, and a member disclosure. The supplemental agenda was accepted, and the Office of State Procurement’s rule revisions were approved after Jessica Patterson explained they were driven by 2025 legislative changes, including Act 782, CASO Consulting recommendations, and updates to sole source, bid, protest, and debarment provisions. The methods of finance and discretionary grants were also approved, covering a range of university capital projects, health and human services grants, historic preservation awards, and tobacco prevention and cessation programs. The committee then reviewed RFQs and six ratifications. The ratifications included a Workforce Connections payment to ACT WorkKeys for services provided during a contract gap, a Department of Health ratification for water-leak repairs, a large Department of Public Safety ratification for Motorola’s Arkansas Wireless Information Network upgrade, a Veterans Affairs HVAC ratification, an ADFA medical services ratification, and a UA Little Rock painting contract ratification. Members questioned the Public Safety ratification at length about why the expired Motorola contract was not caught sooner and why it took months after discovery to come forward; agency officials said the work was tied to bond funding and was not tracked in ASIS, and the chair urged agencies to develop better monitoring procedures. The committee approved a large slate of construction, intergovernmental, out-of-state, and in-state contracts, including many recurring service agreements for DHS, higher education institutions, corrections, health agencies, and state support functions. Several members asked about specific contracts, including aerial application services for correctional farms and a Southern Arkansas University custodial contract, and staff or agency representatives provided brief explanations. The meeting concluded with review of reports and approval of a member disclosure involving Representative Andrew Collins’ investment interest in a company leasing property to Arkansas Rehabilitation Services.