Enterprise enhances retiree health benefits
The
Under the new policy adopted by the
25 years of service: The city will pay 75 percent of retiree health insurance premiums, 0 percent for dependents, and 0 percent after Medicare eligibility.30 years of service: The city will pay 100 percent of retiree health insurance premiums, 0 percent for dependents, and 0 percent after Medicare eligibility.
"This is a meaningful step forward for our employees," said City Administrator
The new policy, effective immediately, applies to all future retirees and establishes a clearer framework for long-term planning and retention.
The council also addressed coverage for approximately 60 current retirees to align with the city's long-standing policy. This adjustment affects retirees based on Medicare eligibility and current coverage levels, with monthly rate increases ranging from
Addressing recent concerns
The city recognizes concerns raised following a recent letter to retirees and the attention the issue has received on social media. This matter was discussed in detail during the
The discrepancy was identified during a routine review of updated insurance rates, prompting the
"We are proud to say that Enterprise continues to offer one of the most generous retiree health benefits in
Additional employee option
The Council also approved a measure allowing current employees to opt out of city-provided health insurance during open enrollment in exchange for a
Citizens, retirees, and employees can view the full discussions from the



Irony in Washington – Carl Marcotte
Democrats warn Utahns could pay thousands more for health coverage if ACA subsidies end
Advisor News
- Why advisors should be talking about life settlements
- Millennials are ready to bring their advisor to the family table
- How healthcare inflation can eat up a client’s retirement income
- Global economy ‘resilient’ in the wake of massive disruption
- Cryptocurrency legislation takes one step forward with bipartisan support
More Advisor NewsAnnuity News
- NAIC regulators continue pushing for annuity illustration updates
- Wink: Flat first-quarter annuity sales fall just short of $100B
- 26North Re Agrees to Acquire 100% of Independent Insurance Group
- Matthew Michelini named Athene president, with an eye on annuity growth
- Lincoln Financial Announces Executive Leadership Transitions
More Annuity NewsHealth/Employee Benefits News
- Tom Campbell: We're paying too much for poor health care
- Self-pay and dental care: Can paying cash without insurance help you save?
- These Connecticut-based companies made this year's Fortune 500 list with revenue up to $275 billion
- Surgery transforms epilepsy patient's life
- Arizona AG accuses health insurance companies of illegal price fixing
More Health/Employee Benefits NewsLife Insurance News
- Prudential announces more layoffs as insurer continues to restructure
- Pradip Patiath Joins Securian Financial Board of Directors
- Over $107 million in life insurance benefits located for Tennesseans in 2025
- Study Data from National Institutes of Health Provide New Insights into Law and the Biosciences (Taking actuarial fairness seriously: what is required for the ethical use of genetics in insurance?): Legal Issues – Law and the Biosciences
- 26North Re Agrees to Acquire 100% of Independent Insurance Group
More Life Insurance News