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County opts for current insureroption with partial self-funding and moves dental to new carrier
Summary
County staff presented two insurance proposals; the board agreed with the Finance Director—s recommendation to choose an Optima Health option that adds partial self-funding without changing employee benefits and to switch dental coverage to United Concordia.
County staff presented revised quotes for employee health and dental coverage from the current provider, Optima Health, and from The Local Choice. Staff said both proposals showed savings compared with planning assumptions used in the FY24 budget and were well below the estimated 10 percent increase originally expected.
Officials noted the two plans differed in benefit design: The Local Choice options would reduce employee benefits by adding coinsurance for the high-deductible plan and a deductible for the traditional plan, while an Optima proposal labeled "option 3" would add a partial self-funded element without changing employee benefits. The board followed the Director of Finance—s recommendation to pursue option 3 with the current provider and to switch dental coverage to United Concordia.
No formal benefits reductions will occur under the chosen option; staff will implement the partial self-funded element and manage the switch of dental coverage.
