Town Council Study Session - Thursday, February 5, 2026

Prescott Valley Town Council · February 6, 2026

0:00/36m

36:53

0:00

10:00

20:00

30:00

35:00

Introduction: plan flexibility and limits of self-funding

Presentation

20:00 → 21:14(1m 14s)

Speaker 1 (presenter) opened the presentation by saying the main advantage of self-funding is plan flexibility, but cautioned it does not eliminate underlying risk or automatically guarantee market savings.

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Town staff presented a plan to move the towns employee health coverage from a fully insured model to a self-funded plan, outlining potential benefits, year-one reserve needs and implementation steps; council members asked questions and staff said they will return with cost modeling and a recommendation, with no formal action taken.

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Transcript

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