Mon Commission grappling with soaring insurance costs - 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
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • 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
Health/Employee Benefits News
Newswires RSS Get our newsletter
Order Prints
June 11, 2025 Newswires
Share
Share
Post
Email

Mon Commission grappling with soaring insurance costs

Ben Conley, The Dominion Post, Morgantown, W.Va.Dominion Post

Jun. 11—MORGANTOWN — "This is just not sustainable."

Monongalia County Commissioner Tom Bloom lamented that the annual increases in the cost of group employee health insurance is on a trajectory that will consume an untenable percentage of the county's overall budget in the near future without intervention.

On Wednesday, the commission approved a proposal from Highmark Blue Cross /Blue Shield that comes with a 20.48 % cost increase to the county when it takes effect Aug. 1.

All told, the percentage increase absorbed by the county will total just over $1 million.

Commissioner Sean Sikora explained that the final agreed-upon number was actually negotiated down significantly from Highmark's opening offer, which would have kept everything unchanged from the current plan—except the cost, which would have jumped 34.8 %.

In order to bring the percentage down, the commission agreed to raise employee deductibles from $6, 000 single /$12, 000 family to $7, 000 /$14, 000. That disclosure was followed by a commitment from the commission to cover all employee deductibles at a potential maximum cost of $900, 000.

There will be a change on the employee end. Co-insurance—the percentage of a medical bill the patient pays after meeting the deductible—will increase from 10 % to 20 %.

"Really, that's the only negative impact to the employees, " Sikora said. "There's two positive impacts. One, they're not getting a premium increase when there is one—a significant one. Two, they're not having to pay any deductible, which previously they had to pay $750 or $1, 500."

Sikora explained that the county, like many other public and private entities, is facing what's known as the "group plan dilemma " in which costs rise higher and higher while the level of satisfaction — either from employees, employers or both — falls.

Embedded within the group plan concept is the inevitability that a small number of individuals will push costs up for everyone.

It was explained that the offer Highmark first presented to the county was predicated on the fact that the company paid out 23 % more than it collected in premiums in the current cycle.

"The problem we're dealing with is our experience in claims is what's driving our cost. There's nothing we can do about that. It's really just what they call in the industry the 'group dilemma.' Having these group plans, if we put it out to bid or we ask for a new proposal, we're paying for our experience. All that information is known and all that information is out there. We have a small portion of our participants that account for nearly 50 % or 60 % of all our claims, and those aren't going away."

While the commission opted to move forward with the Blue Cross /Blue Shield proposal, the insurance discussion isn't over.

The body recently heard a pitch regarding ICHRA, or Individual Coverage Health Reimbursement Arrangement, through which employees would work with a consultant to select their own health plan options from various insurance carriers and the commission would reimburse employees tax-free for premium costs up to a defined amount.

As it stands, the commission is looking at an overall insurance spend of approximately $6 million in a $43.6 million budget. That's up from about $4.9 million.

Based on recent history, there's no indication the county won't be back in this position a year from now.

"And that's just not realistic. That's not acceptable. We have to look at other options, " Bloom said.

© 2025 The Dominion Post (Morgantown, W.Va.). Visit www.dominionpost.com. Distributed by Tribune Content Agency, LLC.

Older

Inflation report 'fuels hope' the Fed will cut interest rates this year

Newer

Report: 300,000 in Va. could lose coverage New report: 302,608 Virginians could lose health insurance

Advisor News

  • Why advisors should offer retirement-longevity planning
  • A hybrid approach outperforms the 4% Rule, researchers find
  • The missing piece in most retirement plans
  • Clients are bringing TikTok insurance advice into advisor meetings
  • Embracing a family-centric approach to financial planning
More Advisor News

Annuity News

  • The Manhattan Life Insurance Company Acquires Union Security Life Insurance Company of New York
  • Cayman Islands premier to meet with U.S. reinsurance regulators
  • Investigation finds deceptive sales, churning of annuities targeting postal workers
  • Corebridge annuity sales slip ahead of Equitable marriage
  • California teachers settle class-action lawsuit over in-plan annuity fees
More Annuity News

Health/Employee Benefits News

  • Harvard University T.H. Chan School of Public Health Details Findings in Managed Care (Optimizing health, financial risk protection, and equity in health benefits package design toward universal health coverage): Managed Care
  • Research Results from South African Medical Research Council Update Understanding of Science (Inclusion and accessibility of healthcare workers with disabilities in KwaZulu-natal public health facilities, South Africa): Science
  • Recent Findings from Washington University Provide New Insights into Military Medicine (Health Insurance Type and Lung Cancer Stage Shift Following Coverage of Screening): Military Medicine
  • AS WISCONSIN LOOKS TO THE GENERAL ELECTION, TRUMP REMINDS VOTERS WHY HE'S ALL IN FOR ELECTION-DENYING MAGA EXTREMIST CONGRESSMAN TOM TIFFANY
  • TCC lays off 45 employees amid financial strain, Medicaid changes
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • AM Best Affirms Credit Ratings of PT KB Insurance Indonesia
  • Westaim Reports Q2 2026 Results for the Quarter Ended June 30, 2026 and Leadership Update for Ceres Life Insurance Company
  • Bismarck man convicted of insurance fraud involving dead wife sentenced to prison
  • Insurers, rating firms push back on NAIC credit rating oversight plan
  • The Manhattan Life Insurance Company Acquires Union Security Life Insurance Company of New York
More Life Insurance News

- Presented By -

NEWS INSIDE

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

FEATURED OFFERS

Press Releases

  • How Aspire General Turned an Early Technology Bet Into Claims Automation at Scale with Kyber
  • Adjusto launches AI-Native contents claims services powered by its technology platform
  • URL Insurance Group Celebrates 40 Years of Service, Growth, and Industry Leadership
  • MassMutual Ascend Surpasses $2 Billion in Lifetime Advisory Annuity Sales, Reflecting Continued Momentum in RIA Channel
  • Royal Neighbors Unveils Its 2026 Scholarship Recipients 2026 Royal Neighbors Scholars Making a Difference Across the Country
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
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • 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