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Brown & Brown outlines 2027 CEBCO renewal options; average projected increase about 9.5%
Summary
Brown & Brown presented Hancock County’s 2027 CEBCO medical renewal, reporting projected increases ranging from 2%–16% (average 9.5%). Staff reviewed model options to limit county costs, including moving to four-tier rates, separating dental elections, increasing HDHP premiums, and reducing HSA employer match.
Brown & Brown presented a renewal summary and modeling for Hancock County’s 2027 CEBCO medical, dental and vision benefits on Aug. 13.
The consultant reported projected increases in renewal rates ranging from 2% to 16% with an average of about 9.5%. Handouts compared Hancock County premiums to SERB benchmarks and showed Hancock County is below benchmark on medical premiums for both PPO and HDHP plans. Consultants and county staff explored mitigation options: change to a four-tier rate structure, make dental a separate election, raise HDHP premiums (modelled to 6%), reduce employer HSA match by 25%, and establish an encumbered healthcare reserve. The packet included modeled annual and per-pay-period cost implications for several option mixes; under one combined package Brown & Brown projected roughly a $57,000 reduction in county cost for 2027 based on current enrollment.
County staff will evaluate these options as budget planning continues ahead of CEBCO deadlines noted in the handouts (renewal release Sept. 11; plan decisions due Nov. 2).
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