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USI and county HR outline FY‑26 health plan forecast and cost‑control strategies
Summary
County benefits broker USI presented the county’s self‑funded health plan status, a FY‑26 forecast of a 7.5–9.5% trend driven largely by large claimants and pharmacy, and recommended continued use of the on‑site clinic, virtual care, specialty pharmacy strategies and other cost‑management programs.
Cabarrus County’s benefits broker and HR staff on Saturday reviewed the county’s self‑funded health plans, projected next‑year cost trends and a set of strategies to curb medical and pharmacy spending.
Joanna Ray, the county’s health and wellness manager, introduced a presentation from USI Insurance Services. USI representatives Larry Reese and Linda Klein said the county is a self‑funded plan sponsor that pays claims through a third‑party administrator and reinsurance (stop‑loss). The county offers two medical plans: an open‑access (PPO) plan and a high‑deductible health plan (HDHP). About 70% of employees are enrolled in the HDHP and 30% in the PPO, USI said.
Forecast and drivers USI presented a forecast…
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