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Warwick finance committee reviews $65.1 million health, dental and pharmacy request as debate opens over gross vs. net funding
Summary
Finance Director Lynn Prodger asked the committee to authorize a gross payment to the Rhode Island interlocal trust of roughly $65,114,000 to cover two years of medical, pharmacy and dental coverage. Councillors and public commenters pressed for clearer accounting of how gross dollars translate to net city costs and whether the contract should be competitively rebid.
Warwick — The Finance Committee spent more than an hour on a request from the administration to authorize payment to the Rhode Island interlocal trust for medical, pharmacy and dental coverage that Finance Director Lynn Prodger described as a gross estimate of about $65,114,000 for a two-year period.
The committee’s discussion focused on whether the city should present and approve the bid as a gross amount — the total checks written to the trust — or as a net cost after employee co‑payments and retiree deposits. "I am a firm believer that we should be asking for the gross amount," Prodger said,…
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