Sec. 38. (a) As used in this section:
(1) "school health plan" refers to a school employee health plan offered under IC 20-26-17; and
(2) "state health plan" refers to a state employee health plan offered under IC 5-10-8-6.7.
(b) Before November 1, 2025, the department shall prepare and submit a report to the general assembly in an electronic format under IC 5-14-6 that provides an analysis of the feasibility and cost of increasing school corporation employee health plan options.
(c) The report described in subsection (b) must include the following:
(1) An analysis of the feasibility and cost of allowing a school corporation employee to elect to participate in a state health plan if the state health plan is less expensive than the school health plan offered by the employee's school corporation.
(2) An analysis of the feasibility and cost of allowing a school corporation employee who elects, as described in subdivision (1), to participate in a less expensive state health plan to apply the difference between the amount of the school health plan offered by the employee's school corporation and the amount of the state health plan to:
(A) the employee's defined contribution account, if the employee maintains a defined contribution account; or
(B) the employee's annual salary.
(d) This section expires July 1, 2026.