Narrative of Resolution:
title
Change the Anthem Fully Insured Health Insurance Plan to a Self-Insurance Health Plan
end
body
If Resolution requires expenditure of County Funds, provide the following information:
Amount to be authorized by Resolution: N/A
Are funds already budgeted? Choose an item.
If ‘Yes,’ specify appropriation code(s): Click or tap here to enter text.
If ‘No,’ specify proposed source of funds: Click or tap here to enter text.
Specify Compliance with Procurement Procedures:
RESOLUTION INTRODUCED BY EXECUTIVE COMMITTEE TO CHANGE THE ANTHEM FULLY INSURED HEALTH INSURANCE PLAN TO A SELF-INSURANCE HEALTH PLAN
WHEREAS, the county has a contract with Brown & Brown for health insurance brokerage services; and
WHEREAS, Brown & Brown had acquired a fully insured health insurance plan for certain County employees for fiscal year 2026; and
WHEREAS, as part of the yearly renewal process Brown & Brown has priced the fully insured health insurance plan at a 35% cost increase, and
WHEREAS, Brown & Brown has also provided an alternative way in which to fund the existing health insurance plan through an alternate funding mechanism,
WHEREAS, the alternative funding mechanism is a self-insured health insurance plan, which has an expected benefit cost increase in 2027 of 15.5% and a 36.2% cost increase in terms of a maximum exposure.
NOW, THEREFORE, BE IT RESOLVED, that Sullivan County Legislature hereby authorizes the County Manger to execute any and all documents to convert the county’s fully insured health insurance plan to that of a self-funded health insurance plan, in such a form as the County Attorney shall approve.