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Hunter board approves modest increase to employee health insurance buyout

Town Board of the Town of Hunter · October 29, 2024
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Summary

The board approved a 2025 increase to the health insurance buyout: $250 for single plans and $500 for non-single plans; the buyout was previously $2,500 (single) and $5,000 (family).

The Town of Hunter board voted unanimously to increase the municipal health insurance buyout for 2025, raising the single-plan buyout by $250 and buyouts for other plans by $500. Supervisor Sean Mahoney moved the change and Councilman Dolph Semenza seconded; the motion carried 5–0.

Budget Officer Lara Hamrah-Poladian explained the buyout “is currently $2,500 for singles and $5,000 for family,” and said the town’s health-insurance costs for employees who do not contribute 10% toward premiums are “between $34,000 and $31,000” annually. The board had previously increased plan deductibles to $3,250 for single coverage and $6,500 for family coverage as part of cost-control measures.

Board minutes show the increase is intended to maintain the buyout as an employee incentive in the face of rising insurance costs; the board did not change employee contribution percentages during this meeting.