The Grundy County Commission voted this morning to continue with its current employee health insurance provider, with a 13 percent increase in premiums and an increase in the deductible.
Grundy County Presiding Commissioner Rick Hull said the commission voted 3-0 to stay with Lifestyles, the company that has provided insurance for the past few years. Under the new plan, the cost per employee will be $512.45 per month, with the employee cost raising from $111 per month to $128.11 per month. The deductible per employee will be $5,000, an increase from $3,500 last year. In addition, a bridge plan through Colonial Life is provided through the county, with the total cost being $54.28, of which the employee will pay $13.57, making the total cost per employee for insurance and the bridge plan $141.68. The total cost this year is $124.28.
Commissioners had considered a self-funded plan, but Hull said he felt the risk to the county was too great under that plan, which would have required the county to pay the first $25,000 per employee in health costs. The bridge plan, which pays $2,000 toward a hospital stay, $1,000 toward diagnostic procedures and $3,000 per calendar year toward certain outpatient procedures, will help employees meet the deductible.
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