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Franklin County hears vendor reviews of PEB, pool and self‑funding options; VEBA contributions emerge as central issue
Summary
County commissioners heard two vendor presentations and a VEBA trustee briefing during a benefits workshop; consultants said Franklin County could consider level‑funding or self‑funding but must resolve high VEBA contributions and waiver behavior before changing funding models.
Franklin County commissioners and staff spent a workshop hearing presentations from two benefits brokers and the administrator of the HRA/VEBA trust on possible changes to the county’s health‑benefit structure, including pooled purchasing, level funding, partial and full self‑funding, and the county’s long‑running HRA/VEBA retiree‑benefit contributions.
Presenters and main points
Alliant (Sean Sicilia and team) reviewed options including the Public Employees Benefits (PEP) pool, Washington Counties Insurance Fund (WCIF), level‑funded programs and full self‑funding. Sicilia said the county’s current fully insured arrangement with Premera appeared competitive compared with published PEP rates and that joining a large PEP would involve tradeoffs in control and transparency. He recommended the county evaluate level‑funded or self‑funded solutions while addressing an outstanding VEBA contribution issue. “You could solve your medical program… but that’s 50% of your problem,” Sicilia said of the VEBA contributions and waiver rates; he…
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