Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
City health‑insurance shortfall: new consultant cites high stop‑loss claims; city budgets for coverage gap
Summary
New benefits consultant told council the city’s self‑funded health plan had more high‑cost claimants this year, producing a $3.5 million shortfall; consultants and staff said they will propose design and funding changes in September.
City officials and their new benefits consultant told the City Council at an Aug. 5 budget workshop that San Angelo’s partially self‑funded health plan experienced several high‑cost claimants this year, producing an estimated $3.5 million shortfall the city must absorb for the current plan year.
Julian Fontana of HUB International, the city’s newly engaged benefits consultant, briefed the council on plan funding and claim trends. He said the plan’s stop‑loss arrangement shields the city from catastrophic claims but that this year…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
