Comptroller Lembo Announces Continued Growth in Ct Partnership Plan - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Advertise
    • Contact
    • Editorial Staff
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
July 13, 2013 Newswires
Share
Share
Post
Email

Comptroller Lembo Announces Continued Growth in Ct Partnership Plan

Targeted News Service

HARTFORD, Conn., July 12 -- The Connecticut Comptroller issued the following news release:

Comptroller Kevin Lembo today announced that the CT Partnership Plan has just entered its second year, providing health benefits and savings to more towns, cities, boards of education and other public employers in the state.

The CT Partnership Plan (established by state law in 2011) was launched last July to allow non-state governments to join the state health plan.

The potential benefits to towns and cities that join the plan include lower administrative costs, state-negotiated discounts on prescription drugs, greater rate stability and quality health coverage.

As of July 1, there are now 2,415 lives in the plan from eight different municipal entities, including Bristol Housing Authority, Griswold (town and school employees), New London (city and school employees), Sprague Board of Education, Union, Valley Council of Governments and Voluntown. Most participating municipalities are saving anywhere from 1 percent to 36 percent on health care.

"The CT Partnership Plan is proving that the state and its towns and cities can achieve great results when we join forces," Lembo said. "The more the CT Partnership Plan grows, the more savings we can achieve for both municipalities and the state. This plan should be only a starting point towards exploring new and innovative ways to collectively operate local and state government more efficiently and affordably."

New London Mayor Daryl Justin Finizio said, "I want to thank Comptroller Lembo for his excellent work with the CT Partnership Plan and working to reduce long-term costs for

New London be the first city to enter all employees into the plan and I urge other cities to take notice of this plan's benefits and join as well."

Voluntown Superintendent of Schools Adam S. Burrows said a projected 36-percent increase in the cost of health insurance for the school system required excessive cuts throughout their budget proposal for the 2012-2013 school year, but in May 2012 they received information regarding the availability of the CT Partnership Plan.

"The Board of Education, in cooperation with the education association, quickly agreed to make the changeover," Burrows said. "This allowed programs to be restored as well as avoid an excessive increase to the local taxpayer.

The Board of Education received a round of applause at the annual town meeting for this display of excellent fiscal responsibility."

The Voluntown Public School System just completed the first year with the CT Partnership Plan.

"It was excellent," Burrows said. "All of the health insurance participants were able to remain with their physicians and the coverage was actually better in some instances. We have now made a smooth transition to our second year with the CT Partnership Plan. The overall cost of the premium for 2013-2014 is actually lower than it was two years ago with another company.

The CT Partnership Plan was always very helpful and supportive as a health insurance provider."

For some municipalities, the CT Partnership Plan offers immediate and sizable premium relief. Others were motivated by premium stability because premium increases or decreases are limited to only three percentage points above or below the premium change for the state plan. In other cases, the plan provided better benefits at a price that is substantially lower than the group could find in the open market, Lembo said.

More details about the plan are available online at www.osc.ct.gov (click on CT Partnership Plan), by calling the Office of the State Comptroller's Healthcare Analysis Unit at6 860-702-3560, or by email at [email protected].

Lembo thanked the Health Care Cost Containment Committee and its representatives from management and labor for their support of the CT Partnership Plan.

CC AutoTriage2psa-130713-30TacordaCheng-4423438 30TacordaCheng

Copyright:  (c) 2013 Targeted News Service
Wordcount:  613

Older

Owner of Cranford Home Health Aide Agency Arrested for Allegedly Billing Medicaid for Services that Were Not Provided

Advisor News

  • DOL proposes new independent contractor rule; industry is ‘encouraged’
  • Trump proposes retirement savings plan for Americans without one
  • Millennials seek trusted financial advice as they build and inherit wealth
  • NAIFA: Financial professionals are essential to the success of Trump Accounts
  • Changes, personalization impacting retirement plans for 2026
More Advisor News

Annuity News

  • F&G joins Voya’s annuity platform
  • Regulators ponder how to tamp down annuity illustrations as high as 27%
  • Annual annuity reviews: leverage them to keep clients engaged
  • Symetra Enhances Fixed Indexed Annuities, Introduces New Franklin Large Cap Value 15% ER Index
  • Ancient Financial Launches as a Strategic Asset Management and Reinsurance Holding Company, Announces Agreement to Acquire F&G Life Re Ltd.
More Annuity News

Health/Employee Benefits News

  • SENATOR ALVORD PUSHES BACK ON CONSTANT COST INCREASES OF HEALTH INSURANCE WITH FULL BIPARTISAN SUPPORT
  • Queensbury details exemptions to lower property tax
  • Expanded Affordable Care Act subsidies – now expired – drove major increases in marketplace health insurance enrollment across key groups: Johns Hopkins Bloomberg School of Public Health
  • New Insurance Study Findings Have Been Reported from University of South Carolina (Brokering a new path: navigating administrative burdens in the health insurance Marketplaces): Insurance
  • Medicaid disenrollment spikes at age 19, study finds: University of Chicago
More Health/Employee Benefits News

Life Insurance News

  • Best’s Market Segment Report: AM Best Maintains Stable Outlook on Japan’s Life Insurance Segment
  • Eazewell Launches "Advance," Proprietary AI to Manage Your Digital Identity and Inheritance Including Subscription Management and Account Closures to First 12 Enterprise Customers Reaching Over 8M Customers
  • ‘Inappropriate’: CT regulator slams PHL investors for intervention bid
  • New York Life Unifies Global Asset Management Platform Under New York Life Investment Management Brand
  • First Federal Bank recognized for excellent customer service
Sponsor
More Life Insurance News

- Presented By -

Top Read Stories

More Top Read Stories >

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Elevate Your Practice with Pacific Life
Taking your business to the next level is easier when you have experienced support.

Get up to 1,000 turning 65 leads
Access your leads, plus engagement results most agents don’t see.

What if Your FIA Cap Didn’t Reset?
CapLock™ removes annual cap resets for clearer planning and fewer surprises.

Press Releases

  • ICMG Announces 2026 Don Kampe Lifetime Achievement Award Recipient
  • RFP #T22521
  • Hexure Launches First Fully Digital NIGO Resubmission Workflow to Accelerate Time to Issue
  • RFP #T25221
  • LIDP Named Top Digital-First Insurance Solution 2026 by Insurance CIO Outlook
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Advertise
  • Contact
  • Editorial Staff
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet