Banner County Approves Shift to UnitedHealthcare Saving $835,000 on Health Insurance
October 29, 2024 | Evansville City, Vanderburgh County, Indiana
This article was created by AI summarizing key points discussed. AI makes mistakes, so for full details and context, please refer to the video of the full meeting. Please report any errors so we can fix them. Report an error »
Maynard reported that after extensive negotiations, Anthem proposed a 16% increase over current rates, down from an initial 30% increase. In contrast, UnitedHealthcare offered a competitive bid with only a 5.3% increase. The county stands to save approximately $835,000 annually by switching from Anthem to UnitedHealthcare, while maintaining the same benefits, including deductibles and co-pays.
The overall cost of the health plan with UnitedHealthcare is projected to be around $6.5 million, compared to $7.3 million with Anthem. This change will affect approximately 280 county employees who are not covered by union contracts. The county will continue to cover 90% of the health insurance costs, with employees responsible for the remaining 10%.
The commissioners unanimously approved the transition to UnitedHealthcare, allowing for immediate implementation and open enrollment. Maynard assured that there would be no changes to the network of providers, and employees would receive new insurance cards while retaining their existing difference card benefits.
In addition to the health plan, the board also approved a slight increase in the dental and vision plans, which remain voluntary for employees. The dental plan will see an increase of $1.30 per month, while the vision plan will increase by 34 cents per month.
The meeting concluded with plans for further communication with employees to ensure a smooth transition to the new insurance provider.
View full meeting
This article is based on a recent meeting—watch the full video and explore the complete transcript for deeper insights into the discussion.
View full meetingSponsors
Proudly supported by sponsors who keep Indiana articles free in 2025
