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County keeps employee premiums stable after vendor savings; small ancillary increases approved

Potter County Commissioners Court · August 12, 2024
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Summary

After staff presentations showing more than $1 million in pharmacy savings in 2023, the insurance advisory committee recommended keeping employee premiums unchanged for FY24‑25; commissioners approved the renewals and small ancillary premium increases for dental and vision.

County benefits consultant Matt Benton presented the insurance advisory committee’s recommendations, saying last year’s aggressive direct‑contract pharmacy program produced savings in excess of $1,000,000 and allowed a substantial reduction in employee premiums in the prior year.

The committee recommended no changes to employee premiums for the upcoming plan year, negotiated a stop‑loss renewal that reduced fixed costs by about $103,477.80 versus last year, and recommended adding an employee‑assistance program (EAP) at an estimated $2,300 annual cost to the county. The committee also recommended offering a voluntary MASA air/ground ambulance coverage option as a payroll‑deduction benefit for employees who want it.

Commissioners moved and passed the renewal as presented. On a related item the court approved a modest MetLife‑administered cancer‑policy premium increase while preserving existing benefits.