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County consultants warn employee health fund may run short; commissioners schedule follow‑up workshop
Summary
Consultants told the court June 18 the county’s self‑funded medical plan is projected to run a roughly $2.5 million shortfall by 9/30/24 absent changes; McGriff presented options including an aggressive single‑year funding increase and phased approaches. Commissioners asked for a focused workshop July 8 to consider plan design and rate options.
Nueces County’s employee health insurance fund is projected to post a deficit by the end of the current fiscal year unless the county increases funding, the court heard June 18.
John Bassam of McGriff Insurance Services, the county’s employee benefits consultant, reviewed vendor renewals and a financial outlook for the self‑funded medical and pharmacy plan. McGriff’s analysis projects an approximate $2.48 million shortfall in the plan at 9/30/24 under current funding rates. The consulting team presented a series of funding options for the court to consider:
- An “ag…
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