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Committee weighs higher 2026 health-insurance costs and recommends shoring reserves
Summary
Committee members and staff reviewed county health insurance projections and discussed creating an insurance reserve fund and maintaining a target balance in the self-insurance fund to cover anticipated increases in 2026.
During the April 24 Long Term Finance Planning Committee meeting, Greg Garrattas and county staff briefed members on projected increases in county health-insurance costs and possible reserve strategies.
Garrattas and staff said recent estimates show group health costs could rise substantially for 2026; staff discussed maintaining a self-insurance fund balance and establishing a separate insurance reserve fund. Garrattas…
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