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Smyth County faces 25% Anthem premium spike; board backs renewal with county covering 80%
Summary
The Smyth County Board of Supervisors was told Anthem health premiums rose about 25%, a cost the county estimates at roughly $700,000; the board’s committee recommended and the board approved continuing county coverage at 80% while staff explores offsets including FSAs, HSAs and specialist advice.
The Smyth County Board of Supervisors on March 12 was briefed on a roughly 25% increase in Anthem health insurance premiums and voted to recommend renewing the plan with the county continuing to fund 80% of employee premiums.
County Administrator Shawn Utt told the board the largest driver of the increase is pharmaceutical costs and said the rise translates to approximately $700,000 in additional county expenditures. Assistant County Administrator for Operations Lisa Richardson outlined plan changes, including a new $150 prescription deductible for Tier 2 and Tier 3…
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