On page 20, line 27 of the amendment, after "coverage." insert "However, school districts and educational service districts may be exempt from the requirement to obtain employee benefits through the school employees' benefits board if the following requirements are met:
(i) Benefits offered are in compliance with all requirements under RCW 41.05.740;
(ii) Benefits offered are of a generally equivalent actuarial value to those benefits offered through the school employees' benefits board;
(iii) Benefits offered are at a generally equivalent cost to those benefits offered through the school employees' benefits board; and
(iv) The school district or educational service district has greater than five thousand eligible employees or is purchasing benefits through a trust, interlocal, or association plan, with greater than ten thousand subscribers."
EFFECT: Provides that a school district or education service district may be exempt from the requirements to provide health care coverage through SEBB if the following requirements are met:
(1) Benefits offered are in compliance with the benefits offered by PEBB;
(2) Benefits offered are generally equivalent in value and cost; and
(3) The district has more than 5,000 eligible employees or purchases benefits through a trust, interlocal, or association plan with greater than 10,000 subscribers.