Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
County staff warns rising pharmacy and high-cost claims drove health plan to 131% loss ratio through May
Summary
County staff told the Kankakee County Board that the employee group health plan showed about $7.13 million in premiums and roughly $9.34 million in paid claims through May 2025, producing a medical and pharmacy loss ratio near 131%.
County staff briefed the Kankakee County Board on July 8 on the county’s group health plan performance through May 2025, reporting about $7.13 million in premiums paid and roughly $9.34 million in claims paid (medical and pharmacy combined), which the presenters described as a medical/pharmacy loss ratio near 131%.
Mike Lynch (presenting) explained that the plan covers roughly 417 employees and about 884 dependents and that the county’s stop‑loss reinsurance covers claims individually over $110,000. Lynch said a…
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
