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Cromwell board hears brokers after Cigna’s 52.4% renewal notice; asks for further negotiation
Summary
Brokers told the Cromwell Board of Education that Cigna proposed a 52.4% renewal and presented alternatives (Anthem, a town partnership). The board asked brokers to continue negotiating, consult unions on plan design, and return March 10 with updated numbers and options.
Brokers told the Cromwell School District Board of Education on Feb. 24 that Cigna proposed a 52.4% renewal for the district’s health plan and presented limited market alternatives, prompting the board to ask the brokers to resume negotiations and come back with updated offers.
"When we last got together, we dropped the bomb about the 52.4% Cigna renewal increase," broker Dave said, summarizing the consultants' outreach to carriers. He said Aetna supplied no competitive quote, UnitedHealthcare bid higher than Cigna, and Anthem produced the only meaningful marketplace alternative.
Greg, another broker, presented the consultants’ best-and-final figures: a combined town-and-board renewal with Cigna would mean an effective net increase to the board of about 35.79% (roughly $1,776,007.45); renewing only the board…
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