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Waynesville finance committee votes to stay with Aetna after presentation warning of 50% rate increase

Village of Waynesville Finance Committee · April 21, 2025
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Summary

After a presentation that projected a 50% rate increase tied to two major claims, the Waynesville Finance Committee moved to remain with insurer Aetna and asked staff to prepare an ordinance for the village council.

Jim Hough, a guest presenter, told the Waynesville Finance Committee that "Due to 2 major claims this year our rates will go up 50% if we stay with our current provider for our 11 covered employees." The presentation laid out options for employee insurance for 2025 and noted that deductibles incurred so far would transfer if the village changed carriers.

Committee member Chris Colvin moved that the village remain with Aetna and have an ordinance prepared for the next council meeting; the minutes record the motion as passing with "3 ayes." The minutes do not record who seconded the motion or the names of individual voters. Committee member Troy Lauffer raised concern that changing plans could harm employee retention if workers had to change doctors, highlighting a trade-off between short-term savings and continuity of care for staff.

The committee did not record a formal amendment or alternatives in the minutes; the ordinance required to finalize the decision is to be drafted for the next meeting.