The Benton Metropolis Council has chosen a dealer to facilitate acquiring quotes for brand new group insurance coverage for metropolis workers.
Throughout a particular known as assembly Tuesday, the aldermen handed a decision authorizing Mayor Tom Farmer to execute an settlement with the chosen marketing consultant, Roberson & Associates Insurance coverage.
“Presently the town of Benton gives medical protection for its workers by way of the Arkansas Municipal League Well being Profit Plan,” stated metropolis legal professional Brent Houston. “The plan will not be true medical health insurance and is finest described as a self-insured plan, that means the town’s premiums are primarily based upon the medical bills incurred beneath the town’s plan.”
Town printed a request for proposals for a gaggle insurance coverage marketing consultant and 4 firms submitted proposals together with two out-of-state firms.
In line with Houston, the town was knowledgeable that there could be a major improve in premiums beginning in the midst of this yr. With the town having a set funds, the rise may have been problematic for the town.
“The premium improve would have adversely effected the town’s skill to pay different bills in the course of the remaining a part of the yr,” Houston stated. “After conducting the town’s due diligence into the idea for the rise, the rise was withdrawn.”
The premium improve was not the only real motive for searching for a dealer to look into a brand new well being plan.
“Metropolis administration can also be involved about different points pertaining to the plan corresponding to the shortage of out-of-state insurance coverage protection,” Houston stated. “Ought to an worker or a coated member of the family beneath the plan develop into sick whereas exterior the confines of Arkansas, there’s a very excessive likelihood all medical bills incurred whereas out of state won’t be paid by the plan that means there isn’t a protection and the worker should pay the complete quantity of the bills. Metropolis administration believes it’s time to consider all accessible medical health insurance choices for metropolis workers.”