County hears health-insurance renewal analysis; broker recommends small deductible increase and program changes
NOVA Benefits broker Spencer Thomas reviewed Keith County’s self-funded health plan, recommending raising the specific deductible from $30,000 to $35,000, extending stop-loss runout protection, and activating international pharmacy sourcing and a lowest-net-cost formulary to reduce future costs.
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Spencer Thomas, a broker with NOVA Benefits, reviewed Keith County’s self-funded health plan and proposed changes to the county’s stop-loss and pharmacy arrangements during the board’s meeting.
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