Employees will notice a little more money in their paychecks beginning in January thanks to lower health insurance premiums. A switch from a traditional health insurance policy to a more cost-efficient self-funded plan is saving the city nearly
"When I first took office and identified this concern amongst city employees, I was told by many that there was nothing that could be done," Neese said. "Despite that skepticism, I directed the city controller to find a solution, and a positive alternative was found."
Depending on the plan they're in, city employees will see an average savings of anywhere from just over
For the past four years
Without the new program, health care costs had been projected by Anthem to increase about
WHY THE CHANGE?
Spalding said the change -- using the entire
"While city employees are seeing maybe better rates than private employees, they are still high when compared to other government benefits offered by other cities," Spalding said. "We could have split the savings between the city and the employees, but we decided just to pass all of it down to the employees."
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