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Floyd County panel accepts 2026 employee benefits plan with modest premium increases
Summary
Assured Partners recommended keeping Anthem for medical administration and moving reinsurance to Sun Life; commissioners approved the proposed plan, which includes $5/$10 per-pay increases for employees and two new voluntary benefits at no county cost.
Floyd County commissioners voted unanimously to accept a recommended 2026 employee benefits package after a presentation by Wayne Willis of Assured Partners.
Willis told the board the county’s medical and pharmacy claims are running at about 92% of the expected total for 2025 and recommended retaining Anthem for medical claims administration while moving the reinsurance (stop‑loss) piece to Sun Life as the most competitive bidder. He said, “Based on year to date performance of the medical and Rx plan, as well as the expected, expenses in 2026, there would be a recommended slight increase to employee contributions in 2026 of $5 per pay period for those in the wellness plan and $10 for those in the non wellness.”
Willis said there would be no changes to the benefit structure for medical and prescription coverage or to the health reimbursement arrangement. He highlighted the county’s pharmacy strategy — implemented in 2024 and expanded in 2025 — that reduced prescription costs by nearly 40% even as prescription counts rose about 20%.
On voluntary benefits, Willis described two new options offered at no cost to the county: an emergency transportation benefit that covers eligible out‑of‑pocket ground and air ambulance expenses (a single price for employee, spouse and dependents) and an employee assistance program providing four face‑to‑face counseling sessions. Willis noted the emergency transportation option would be available for employees to elect at about $14 per employee per month.
Commissioners moved and seconded acceptance of the plan as presented and asked staff to return final numbers for counsel review later in the week. The board approved the motion by voice vote.
