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Benefits committee recommends splitting insurer's 13.1% increase; employees to pay about 6.5%
Summary
The Clearwater Benefits Committee voted unanimously to recommend that the city split a 13.1% insurer premium increase with employees, producing roughly a 6.5% rise in employee contributions. The committee heard a Goering Group presentation on elevated claims and debated trade-offs between immediate fund stability and short-term employee cost relief.
The Clearwater Benefits Committee voted to recommend that city council adopt a renewal that splits the insurer's 13.1% premium increase with employees, resulting in an approximate 6.5% increase in employee contributions.
Committee members heard a recap from Sean of the Goering Group, who said the city's medical claims have been elevated over the past 24 months and that last year reserves were used to absorb some increases. Sean presented two options: applying the full insurer increase under the city's formula, or dividing the increase with employees so most workers would face only a 6.5% contribution increase. He…
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