Franklin City committee approves 2026 employee benefit renewals, recommends stop‑loss and plan design changes

Scott Fuller, a broker with USI, told the Franklin City Administrative Committee on Oct. 20 that the city—s recommended 2026 employee benefit package would hold premium equivalents steady while adjusting plan design features to reduce risk and cost.

Fuller said the recommendation is "to renew with Symmetra, your current carrier, and increase the specific deductible ... from a 100 to a $110,000." He said that change would produce about $58,000 in annual savings for the city and would require six claimants over $110,000 before the change would be a net loss.

The packet presented to the committee showed other plan adjustments Fuller described as largely administrative or tied to federal rules: the high‑deductible health plan deductible must rise from $3,300 to $3,400 to match new IRS rules; the city—s Health Reimbursement Arrangement (HRA) would be adjusted on an equivalent basis; and staff recommended moving to a tiered Nexus ACO network because…