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Trustees approve 10.4% health-insurance premium increase to retain current plan
Summary
The board approved a motion to keep the village’s current Blue Cross Blue Shield employee health plan and accept a 10.4% premium increase; alternatives presented would have reduced benefits or raised costs further with a provider change.
At its November meeting, the Sleepy Hollow Village Board voted to retain the current employee health-insurance plan with an approved premium increase of 10.4%.
Finance Director Eugene van joined remotely to present renewal options. Van said keeping the current Blue Cross Blue Shield plan would raise premiums by 10.4; reducing employee benefits would still result in a 2.25% increase; switching to a different carrier without benefit reductions would increase costs by about 21.45%. Trustee motioned to maintain the current plan with the 10.4% premium increase; the board approved the motion unanimously on a roll-call vote.
Van provided a dollar figure for the 10.4% increase as approximately $13,258.08 per year (transcript figure delivered during discussion). Trustees said preserving employee benefits was a priority when choosing among the options. The board did not direct any further changes to benefits or carriers at this meeting.
