Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Perrysburg treasurer recommends 4.25% health-premium increase; board includes item in consent vote
Summary
The district’s treasurer recommended a 4.25% increase in employee health insurance premiums effective Jan. 1 to preserve the self-insurance fund’s reserve; the item was placed in the consent agenda and approved by the board.
Treasurer Don Drewer recommended a 4.25% increase in the district’s medical and dental insurance premiums effective Jan. 1, citing actuarial modeling, recent high-cost claims and a target reserve for the district’s self-insured plan.
Drewer told the board the plan’s stop-loss attachment point is $170,000 and said the district incurred an excluded high-cost claimant last year that cost the plan “well over a million dollars.” He described modeling by the district’s actuary that…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
