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USI tells consortium its rates remain roughly 30% lower than peers
Summary
USI presented competitive intelligence to the County of Cayuga Health Insurance Consortium on March 26, saying rates remain approximately 30% lower than comparable offerings from entities such as FLMHIT and TCCOG.
At the March 26 meeting, Zachary Zuckerman of USI presented competitive intelligence comparing the consortium's health-insurance rates with other pooled arrangements. The presentation states, "Our rates are still currently lower by approximately 30% for a comparable or better plan," citing comparisons to entities including FLMHIT and TCCOG.
The board received the competitive-rate comparison as part of the USI presentation; the minutes record the comparison but do not include detailed rate schedules or side-by-side plan benefit tables. No formal action was taken during the meeting based on the competitive-intel briefing, but the information will inform upcoming renewal discussions.
