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Templeton hears health-insurance briefing; board authorizes administrator to sign 45% repayment to Mass Strategic
Summary
NFP consultants told the select board Templeton’s employee health plan closed fiscal 2025 with about a $141,000 deficit but pending reimbursements may reduce that; the board voted to let the town administrator sign a 45% repayment plan requested by the Mass Strategic Health Group.
NFP consultants told the Town of Templeton Select Board on Dec. 8 that the town’s employee health plan ended fiscal 2025 with a modest deficit but that pending pharmacy rebates and stop‑loss reimbursements should substantially reduce the shortfall. After discussion, the board voted to authorize Town Administrator James Ryan to sign the Mass Strategic Health Group repayment plan requiring communities with deficits to remit 45% of their certified shortfall for the year.
The presentation by NFP consultants Kevin Pecos and Ken Lombardi explained that Templeton participates in a purchasing consortium that spreads certain…
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