|
The new base funding rate changes from $1,333 to $1,334 per employee per month on July 1 for fiscal year 2026-2027. The employer base funding rate is the rate the employer pays each month for every eligible employee, even if an employee waives medical. The new rate is effective July 1, 2026, through June 30, 2027.
The rate change is only for employer groups participating in PEBB under the full benefits program composite rate structure.
Employer groups participating in PEBB benefits under the tiered rate structure or in medical only may disregard this message. Tiered rates will change on January 1, 2027.
The rate letters are posted on the BA website Rates page under Participating employer group rates.
To determine if your employer group participates under the composite rate structure, review the Organizational Profile tile in Benefits 24/7.
Note: Other employer groups include the WA Health Benefit Exchange, organizations representing state and civil service employees, Services for the Blind, and WA State Information Processing Cooperative (WSIPC).
|
