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Finance Committee flags health-insurance assumptions in ALG model
Summary
Committee members questioned the ALG model's health-insurance projections, with one member saying normalizing to historical experience could reduce the projected shortfall by roughly $1 million in 2026 and about $4.3 million in 2027; staff said final insurer rates are expected in early 2026.
During liaison reports the committee examined the ALG (Advisory Liaison Group) fiscal model and raised concerns that projected health-insurance costs in the model may be overstated.
Speaker 1 said she adjusted the ALG slide deck to compare historical percentages of health-insurance spending and concluded the model likely overstates…
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