Recent activity at Alabama State Employees' Insurance Board
Meetings, budgets, and plans from this organization.
Oct 3, 2025·Board meeting
State Employees Insurance Board Conference Session
The conference session included discussions on healthcare costs, funding for SEIB, and changes to benefits for the upcoming year. Topics covered the funding of SEIB through employee premiums and state contributions, the increasing costs of healthcare and drugs, and the need for increased funding from the legislature to maintain benefits. Changes to Blue Cross deductibles and co-pays were announced, as well as changes to Humana Medicare Advantage plan cards. The importance of submitting form 11s for employee status changes and the process for handling re-employed state retirees were also addressed.
Sep 30, 2024·Annual financial report
State Employees' Insurance Board Financial Statements FY2024
The State Employees' Insurance Board (the Board) presents its financial statements for the fiscal year ended September 30, 2024. The report includes the independent auditor's report, management's discussion and analysis, proprietary fund financial statements (Statement of Net Position, Statement of Revenues, Expenses and Changes in Net Position, and Statement of Cash Flows), fiduciary fund financial statements (Statement of Fiduciary Net Position and Statement of Changes in Fiduciary Net Position), notes to the financial statements, required supplementary information, and supplementary information.
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