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Council approves 1‑year Aetna health plan renewal after lengthy staff review; 20.44% premium increase
Summary
Melbourne staff and Aetna negotiated a lower renewal than an initial 34.17% increase, and council approved a one‑year extension of the Aetna group medical contract with a 20.44% premium increase and no plan design changes for active employees.
Melbourne City Council on Jan. 28 approved a one‑year extension to the city’s group medical coverage with Aetna Life Insurance Company at an estimated annual cost of $17.12 million, approving a negotiated renewal rate increase of 20.44% and no plan‑design changes for active employees.
Background and staff review
Human Resources Manager Ruth Lovejoy told council Aetna’s initial renewal proposal in November 2024 sought a 34.17% increase, driven by higher utilization, several high‑cost claimants and pharmacy trends. Staff…
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