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Bay City council approves 3% renewal for employee medical plans
Summary
Council approved renewal of the city's employee benefits plan, keeping ancillary coverage unchanged; staff said the pool reduced volatility and limited the city's increase to about $43,000 total.
Bay City Council approved a 3% renewal for the city's medical plans on a motion and second during its meeting. The council voted to continue with the city's employer pool for medical coverage and to keep dental, vision and life insurance premiums unchanged.
City staff presented the recommendation. Rhonda Clay, a city staff member, told the council the pool delivered earlier renewals and lower volatility than prior fully insured renewals, saying, "No hassle. No back and forth. It was actually quite refreshing." The staff packet recommended remaining with the pool and approving a 3% increase in medical plan rates.
The renewal will…
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