Assembly Bill No. 454–Committee on
Government Affairs

 

March 24, 2003

____________

 

Referred to Concurrent Committees on Government
Affairs and Ways and Means

 

SUMMARY—Directs Legislative Auditor to conduct performance audit of Public Employees’ Benefits Program. (BDR S‑1315)

 

FISCAL NOTE:  Effect on Local Government: No.

                           Effect on the State: No.

 

~

 

EXPLANATION – Matter in bolded italics is new; matter between brackets [omitted material] is material to be omitted.

 

AN ACT relating to the Public Employees’ Benefits Program; directing the Legislative Auditor to conduct a performance audit of the Public Employees’ Benefits Program; and providing other matters properly relating thereto.

 

THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN

SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:

 

1-1  Section 1. 1.  The Legislative Auditor shall conduct a

1-2  performance audit of the Public Employees’ Benefits Program. The

1-3  audit must include, without limitation, an analysis of:

1-4  (a) Significant areas that impact the financial stability of the

1-5  program, including:

1-6       (1) Program costs related to medical and prescription claims,

1-7  provider rates, contracts and administration;

1-8       (2) Utilization of services by participants and participant

1-9  groups;

1-10          (3) Funded reserves; and

1-11          (4) State contributions and participant premiums; and

1-12      (b) Program benefits compared to benefits provided in other

1-13  states and by local governments.

2-1  2.  The Legislative Auditor shall present a final written report

2-2  of the audit to the Audit Subcommittee on or before February 7,

2-3  2005.

2-4  Sec. 2.  This act becomes effective on July 1, 2003.

 

2-5  H