Insurance squeezing budget
Nick Todaro, [email protected]
City employees will see their health insurance premium costs more than double in response to changes in the market brought about through the Affordable Care Act.
City Manager Steve Howerton outlined specific changes to the city’s coverage offerings for city commissioners Tuesday that include hikes across the board to cover nearly $50,000 in increased monthly costs contained in the latest boost of premium rates. It is by far the largest budgetary impact the city faces this year, he said.