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BET receives actuary report and recommends modest employee and employer premium increases
Summary
The BET received a 2026 actuary report showing national medical/prescription trends well above the county’s recent experience and recommended a 3% employee premium increase and a 3.6% employer rate increase, with direction for staff to return with fund-by-fund impacts.
The Board of Equalization and Tax received the county’s 2026 health-plan actuary report and voted to recommend modest changes to employee and employer premium rates for FY 2025–26. The board recommended a 3% increase to employee premiums and a 3.6% increase to employer contribution rates, retroactive to July 1, 2025.
The actuary applied national trend assumptions — medical +12.2% and prescription +14.6% — to the county’s FY24 net costs and produced proposed funding rates that, if adopted exactly, would raise plan funding materially above the county’s recent experience. The presenter told…
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