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Benefits consultants advise budgeting a 9% increase for county health insurance
Summary
Bukaty Benefits Consultants reported favorable utilization for Wabaunsee County's health plan and recommended designing the budget with a 9% increase in premiums; they offered further analysis comparing self-funded versus traditional models.
Representatives from Bukaty Benefits Consultants, Cortny Hutchinson and Emily Ahlvers, presented an overview of the county's health-insurance utilization and outlook for the upcoming renewal. Bukaty told commissioners the county has a favorable utilization ratio and recommended designing the FY renewal budget with a 9% increase in health insurance premiums.
The consultants offered to provide an analysis comparing the county's current traditional insurance model with a self-funded alternative; commissioners suggested scheduling that session after the first of the year. The presentation did not include specific premium-dollar totals in the minutes; the 9% figure is the consultants' recommendation to guide budget planning.
