Board approves insurance renewal despite a reported 9.5% premium increase
After staff and a benefits representative described a reported 9.5% premium increase but no plan design changes, the board voted to approve the association's insurance renewal as presented.
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The board approved the association's employee benefits insurance renewal after a staff overview and questions from members. Staff summarized renewal work and said most packages saw no increase after negotiation; for the one plan that did change, staff reported a 9.5% increase in premium. "It's 9.5 percent, and it is 9.5 percent," a staff member said when describing the projected change.
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