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Cheshire seeks 6.9% increase to medical-benefits fund amid stop-loss volatility
Summary
District officials proposed a 6.9% increase to the medical-benefits account to cover projected claims, stop-loss premium increases and HSA contributions, and discussed the trade-offs of joining the state partnership plan.
Cheshire's proposed budget includes a recommended 6.9% increase to the medical-benefits fund, where district staff forecast higher claims, stop-loss premium increases and other health-plan costs.
COO Emily Taylor told the board the district is budgeting about $16.3 million in claims next year and building the $17 million medical-benefit recommendation by adding…
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