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Council workshop recommends UnitedHealthcare to cut renewal costs for employee medical plan
Summary
At the Dec. 2 council workshop, Schreffer Insurance recommended switching the city's employee medical plan to UnitedHealthcare, presenting a negotiated renewal that advisers said yields roughly $122,000 in savings (about a negative 8% net change) versus the Anthem renewal proposal; council voted to forward the recommendation to full council.
Scott Schreffer of Schreffer Insurance presented the city's medical renewal options and recommended moving the city plan to UnitedHealthcare.
Schreffer said Anthem's initial renewal request included an 18% increase and would have added about $194,000 in cost, while the broker-negotiated UnitedHealthcare package would instead produce a net negative 8% change and "a $122,000 savings" compared with the current plan. "Our initial renewal started 18%... so we were able to get them down to 13%," Schreffer said, describing carrier negotiations that…
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