Hawaii Employer-Union Health Benefits Trust Fund (Department of Budget and Finance)
Notice of Meeting of the Benefits Committee - Hawaii Employer-Union Health Benefits Trust Fund (EUTF)
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What's Being Discussed
The Hawaii Employer-Union Health Benefits Trust Fund (EUTF) Benefits Committee is meeting on Tuesday, October 13, 2026, at 9:00 a.m. The EUTF manages health coverage for state and county employees, retirees, and their families. This meeting focuses almost entirely on prescription drug benefits, including:
- A usage report from CVS/SilverScript covering pharmacy claims through June 30, 2026
- Proposed changes to the CVS prescription drug plan, presented by benefits consultant Segal
- A biennial pharmacy report (Part 2) from Segal reviewing overall drug benefit performance
- An update on 2027 Medicare Part D and how the federal Inflation Reduction Act may affect drug coverage for Medicare-eligible retirees
- Discussion of RFP 24-001, a request for proposals related to medical benefits and pharmacy benefit manager (PBM) services under the Verdegard Plan
The committee will also hold a closed (executive) session to discuss confidential contract terms with CVS, receive legal opinions from the Deputy Attorney General, and review certain prior meeting minutes.
Decisions Expected
- Approval of minutes from the August 18, 2026 meeting
- Possible direction or action on CVS prescription drug plan changes
- Potential action related to the Verdegard Plan RFP for medical and pharmacy services
Who Should Pay Attention
- State and county employees covered under EUTF health plans
- Retirees, especially those on Medicare who may be affected by Part D changes
- Anyone with concerns about prescription drug coverage or costs
The public may attend in person, watch via Microsoft Teams, or submit written testimony to eutfadmin@hawaii.gov. For accessibility accommodations, contact Desiree Yamauchi at (808) 587-5434.
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