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Health‑insurance consultant: Anthem renewal would rise about 15% while Virginia Local Choice quote could lower county cost

2743468 · March 19, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Franklin County’s health‑benefits consultant reported that the incumbent insurer’s negotiated renewal would mean roughly a 15% premium increase, while a later Virginia Local Choice quote would cut combined premiums and could save the county about $1 million compared with the Anthem renewal when dental and vision are included.

A health‑insurance consultant hired this year told the Board of Supervisors that an Anthem renewal would have raised Franklin County premiums roughly 15%, while an unsolicited Virginia Local Choice (TLC) quote that arrived after the RFP closed showed a decrease of about 5% compared with the county’s current plan.

What the consultant presented: Pierce Group Benefits, the county’s newly selected benefits consultant, ran a formal RFP for fully insured proposals. The incumbent carrier, Anthem, submitted a renewal that staff and the consultant negotiated down to about a 15% increase. The consultant said…

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