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Board renews Blue Cross Blue Shield platinum plan for 2026; premiums rise 5.39%
Summary
The board voted to renew the town's Blue Cross Blue Shield platinum health plan for 2026, approving a roughly 5.39% premium increase and maintaining an employer contribution level of 87.5%. Staff noted higher deductibles and a roughly $4,324.80 annual premium difference.
The board voted to renew the town's Blue Cross Blue Shield platinum plan for 2026 after staff presented plan options and premium changes. Staff reported the net premium difference across covered employees equals about $4,324.80 per year; "a difference per month of $360.40 ... $4,324.80 per year," a staff member said while reviewing the numbers.
During discussion board members confirmed the plan represents a 5.39% increase over the prior year and agreed to keep the employer contribution at 87.5% (employee contribution 12.5%). A motion to approve the renewal passed by voice vote; board members also approved paying 87.5% of the health-equity renewal for a named employee. Staff noted deductibles and copays increased slightly under the 2026 rates.
