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Natrona County ratifies stop‑loss insurance renewal for employee health plan
Summary
The board ratified a stop‑loss renewal for the county’s self‑funded health plan at the lowest quoted option (25.9% increase, no lasers at $125,000 attachment); the motion passed after a motion and second with one commissioner recording an opposition.
The Natrona County Board ratified its health plan stop‑loss renewal during the meeting.
Benefits staff presented the quotes and recommended ratifying the lowest offered option — a 25.9% premium increase without lasers, with a $125,000 attachment. The presenter explained that other renewal quotes ranged from about 27.6% (with lasers on four claims) up to 59.6% from other carriers.
A commissioner moved to ratify the 25.9% option; the motion was seconded. When the board called for the vote, one commissioner said they opposed; the chair announced the ratification.
Staff told the board the benefits trust currently held $2,533,181 and that an anticipated transfer of roughly $1 million from hospital fund interest would bring the trust to the advisers’ suggested target of $3.5 million for self‑funded plan run‑out protection.
