Statutes, codes, and regulations
General Statutes of North Carolina
Chapter 135 - RETIREMENT SYSTEM FOR TEACHERS AND STATE EMPLOYEES; SOCIAL SECURITY; STATE HEALTH PLAN FOR TEACHERS AND STATE EMPLOYEESArticle 3B - STATE HEALTH PLAN FOR TEACHERS AND STATE EMPLOYEES
Part 3 - PLAN OPERATION
Section 135-48.39A - Premiums to purchase alternative coverage for retirees in lieu of coverage under the Plan

N.C. Gen. Stat. § 135-48.39A

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Current through Session Law 2024-53
Section 135-48.39A - Premiums to purchase alternative coverage for retirees in lieu of coverage under the Plan
(a) The State Treasurer may offer to pay or reimburse premiums for alternative health benefit plan coverage in lieu of coverage under the State Health Plan. If the State Treasurer elects to offer premium payments in lieu of coverage, then the State Treasurer shall adopt rules for and limitations on doing so.
(b) Premium payments in lieu of coverage shall be limited to persons eligible for coverage under the following, and the State Treasurer may vary the amounts of premium payments depending on the category of eligibility:
(1)G.S. 135-48.40(a)(1).
(2)G.S. 135-48.40(a)(2).
(3)G.S. 135-48.40(b)(3).
(4)G.S. 135-48.40(b)(4).
(5)G.S. 135-48.40(c)(2).
(c) Notwithstanding the eligibility for coverage provided in Part 4 of this Article, coverage outside of the Plan shall be in lieu of coverage under the Plan during the period for which the Plan member chooses premium payments in lieu of coverage.

N.C. Gen. Stat. § 135-48.39A

Added by 2023 N.C. Sess. Laws 134,s. 39.29-b, eff. 1/1/2024.