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Gardner City officials warn of health-insurance trust deficit after large claims
Summary
City leaders said recent claims have driven the municipal health-insurance trust well below prior balances and that council may need a year-end appropriation; the insurance advisory commission will meet to consider options including self-insurance versus fully insured plans.
City officials told the Gardner City Council that unusually high health-insurance claims have reduced the city’s health-insurance trust and could require a year-end appropriation from free cash.
The update is significant because the city may need to alter its funding or plan design to cover claim trends, which to date have resulted in multiple six-figure payments to the carrier and a marked reduction in the trust balance.
Mayor Samara (first name as recorded) told the council that claims paid from July 1, 2023, through July 30, 2024, totaled about…
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