The Board of Trustees shall have the following powers and duties: (1) Approve benefit programs, as provided in G.S. 135-48.30(a)(2). (2) Approve premium rates, co-pays, deductibles, and coinsurance percentages and maximums for the Plan, as provided in G.S. 135-48.30(a)(2). (2a) Approve the benefit program, premium rates, co-pays, deductibles, and coinsurance percentages and maximums for the coverage offered under G.S. 135-48.40(e). (3) Repealed by Session Laws 2021-125, s. 3(b), effective August 30, 2021. (4) Approve large contracts, as provided in G.S. 135-48.33(a). (5) Consult with and advise the State Treasurer as required by this Article and as requested by the State Treasurer. (6) Develop and maintain a strategic plan for the Plan.
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