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Menands board moves to offer MVP silver plan; proposes gradual retiree cost-share increase
Summary
The Menands Village Board discussed switching employee coverage to an MVP silver HMO with village-funded deductibles and proposed phasing retiree contributions from 12% to 20% (2 percentage points per year starting 2027). A motion was made and seconded; a vote was not recorded in the transcript.
The Menands Village Board discussed replacing its current CDPHP-based employee plan with an MVP Healthcare silver HMO and to continue funding employee deductibles through a village-administered HRA.
Brandon, an EDC representative who presented plan options, said the village would move employees from a gold-level CDPHP plan to an MVP silver plan and fund the deductible, and that the silver option represents roughly an 11.7% reduction in premiums for the village. "The premium that you pay will go down 11.7%," Brandon said, adding that the village does not yet know total utilization…
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