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Self-Insurance Committee backs 5% health-premium increase; members press clinic use, weigh Rx and wellness measures
Summary
Sumner County Self-Insurance Board reviewed fund balances and rising prescription costs, accepted a consultant recommendation for a 5% health-premium increase, and discussed ways to steer employees toward the county clinic and wellness programs to blunt drug and nonpreferred-plan cost spikes.
Sumner County's Self-Insurance Board voted to adopt a consultant recommendation for a 5% increase in health-plan premiums and spent much of its meeting reviewing fund balances, rising pharmacy costs and clinic-driven wellness efforts that officials say could reduce claims.
The board's finance director told members the county's pooled health-insurance cash totaled about $20,900,000 as of the December accounting period, with roughly $6,900,000 in revenue and $6,300,000 in expenses over the most recent reporting period. The director said the health fund is “getting tighter” and that the premium discussion later in the agenda should address that trend.
Consultants and staff emphasized that pharmacy spending — in particular specialty and weight-loss medications — is a major driver of recent increases. A consultant told the board…
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