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County Told Hartford Quote for Life and AD&D Renewal Rose After Higher Claims; Committee Forwards Renewal to Full Board
Summary
Jackson County’s human resources presenter recommended renewing the county life and accidental death & dismemberment policy with Hartford after bids; the quoted Hartford premium rose to about $174,003 due to increased claims.
Jackson County human resources staff recommended renewing the county’s life insurance and accidental death and dismemberment (AD&D) coverage with Hartford Insurance Company, telling the General Government Committee that recent claim experience drove a significant premium increase.
The presenter said the county solicited bids from four companies and received multiple quotes; the recommended quote from Hartford was approximately $174,003. Staff explained the increase stemmed from higher claims in recent years. The committee voted to forward the renewal recommendation to the full board.
Why it matters: County employee benefit premiums affect the employee budget and operating costs paid by the county.
Details: The presenter said claims rose from $220,000 in 2023 to $245,000 in 2024, while the county has been paying approximately $98,000 annually in premiums. "The quoted prices significantly went up this year due to our experience rating," the presenter said, adding, "Our claims were in excess of $200,000 for the last 2 years, so they're recouping some of those costs." The presenter described the coverage as including life insurance and accidental death and dismemberment; committee members asked clarifying questions about whether the claims related to deaths or dismemberment and the presenter confirmed it covered both.
Committee action: The committee called for a motion to move the renewal to the full board; the motion passed on a voice vote recorded as "Aye."
What was not specified: The transcript does not include the full bid tabulation or whether the county will absorb the full premium increase or seek offsets in the budget.
Next steps: The renewal recommendation with Hartford will be forwarded to the full board for final approval.
