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Finance committee reviews health-insurance renewal as claims spike; employees to see payroll impact March 1

Finance Committee, Youngstown City · February 20, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Finance staff told the committee that medical claim costs rose sharply in 2025—driven largely by prescription activity—and that the city will absorb most of the stop‑loss shortfall, producing higher employee paycheck deductions starting March 1.

Finance staff told the Youngstown finance committee on Feb. 18 that the city’s health-insurance administrative charge must rise after medical-claim costs increased sharply in 2025.

Kyle Mizex, a finance official, said the rise is linked to headcount and a bigger-than-expected jump in prescription-related claims. “It actually doubled in 2025, and that was a result of changes on how many prescriptions are being issued under…

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