Council OKs HSA contribution increase amid 9% premium rise
Council approved retaining the current health-insurance carrier despite a 9% premium increase and voted to increase employer HSA contributions by $50 per month for eligible employees, effective Jan. 1.
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Town staff reported that soliciting multiple quotes confirmed the current carrier remained the most favorable despite a 9% premium increase. Brad recommended staying with the incumbent insurer and proposed boosting employer HSA contributions by $50 per month for employees with eligible plans to mitigate rising premiums.
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