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Troy to switch to NH Health Trust deductible plan for 2026, town administrator says
Summary
The board voted to move Troy’s employee coverage to the NH Health Trust ABSOS25/30/3KDED deductible plan for 2026; the Town Administrator estimated premium savings of about $50,000 and said the town may fund part of employee deductibles. Vote was unanimous (3-0-0).
Town Administrator Jeremy Bourgeois recommended the Board switch the Town’s employee health coverage to the NH Health Trust ABSOS25/30/3KDED plan for 2026, a move the Administrator said would shift the town to a $3,000-per-person deductible while retaining NH Health Trust as the carrier.
Bourgeois told the board the change should save the town roughly $50,000 in premiums and that the town could elect to fund either the first or second half of each employee’s deductible; funds not used to cover deductibles could roll over to the Town. He described the change as smaller and easier to reverse than other options, and said employees should see annual savings unless they spend substantially above the funded portion of the deductible.
Selectman Thackston moved to switch to the NH Health Trust ABSOS25/30/3KDED plan for 2026; Selectman Chasse seconded. The motion passed unanimously, 3-0-0.
Why it matters: The plan change alters employees’ out-of-pocket exposure (a $3,000 deductible) while reducing premium costs to the town; how the Town elects to fund deductibles affects employee take-home pay and net cost to the municipal budget.
What’s next: Town administration will finalize enrollment details and communicate plan changes and any town-funded deductible arrangement to employees before the 2026 plan year.
