Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Employee Benefits topic
No spam. Unsubscribe anytime.
Chimney Hill board agrees to absorb 2025 medical premium increase for employees
Summary
Board members chose Option 1 for 2025 employee medical coverage, under which the association will absorb the premium increase rather than shift greater costs to staff.
At the Nov. 16 meeting James Walker reviewed three CHOA 2025 medical insurance options that would require employees to contribute differing percentages of premiums. After discussion, the board chose Option 1, under which the association will absorb the premium increase for employees.
Paul DiPietro noted that CHOA has historically absorbed such costs as a value added for employees; board members agreed absorption was the preferred approach for 2025. The decision will be reflected in payroll and benefit planning for the coming year.
