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Ways & Means authorizes two‑year excess workers' comp renewal and approves 5% short‑term disability cap increase

Eaton County Board of Commissioners Ways & Means Committee · January 1, 2025
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Summary

Controller Ben Dawson said the county’s excess workers' compensation premium will rise about 30% to roughly $104,000; the committee approved a two‑year renewal to lock a smaller second‑year increase. The committee also approved a 5% increase in the short‑term disability weekly cap for 2025.

Controller Ben Dawson told the committee the county’s excess workers' compensation premium is increasing amid market consolidation and claims experience. "Our premium is going to go up 30%. So, it's $104,000 would be the new rate and then it will go up 1% in the second year," Ben said, and recommended a two‑year contract to provide pricing stability for the second year.

Ben explained the excess policy protects the county against large claims as the county is self‑insured for workers' compensation. "By doing the 2 year rate we're at least locking in some stability for that second year in 2026," he said. The committee moved to authorize the controller to enter the two‑year agreement; the motion passed on a voice vote.

On short‑term disability, Ben said claims experience supports a modest weekly‑cap increase. He told the committee a 5% cap increase would be roughly $3,200 in additional cost for the coming year but noted the policy affects household-level income protections for employees. The committee approved the 5% increase by voice vote.