City considers adjustments to policies
Nick Todaro, [email protected]
Employee insurance costs for the city were projected to jump by more than 23 percent in the coming cycle, with officials eyeballing changing benefit packages for employees to trim the increase.
Initial quotes from the city’s carrier called for a 43.2-percent hike in premium costs to stay with the current benefit plan, said City Manager Steve Howerton. The city requested a maximum hike of 20 percent, and as of the most recent updates from the city’s carrier in June, a 23.6-percent increase was on the table.