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Village told health insurance premiums rising 18.4%, deductibles increasing
Summary
Clerk/Treasurer Shawna Atterbury reported Medical Associates health insurance premiums for the village will increase 18.4%, raising the monthly premium from $2,233 to $2,633.19 and increasing single and family deductibles.
Clerk/Treasurer Shawna Atterbury informed the Finance & Purchase Committee that Medical Associates is increasing health insurance rates by 18.4%, which would raise the village’s monthly premium from $2,233 to $2,633.19 for the plan the village currently pays. She said the single deductible would increase from $6,000 to $6,500 and family deductibles would be $13,000, though some copays — for example, primary care visits — would decrease from $35 to $20.
Atterbury distributed documentation detailing the plan changes and asked the committee to factor the higher premium into employee benefit lines for the 2026 draft budget. The committee recorded the new premium figures and will include the revised benefit costs in the expense placeholders being used while revenue estimates are finalized.
