Hocking College’s employees will be subjected to a new high-deductible health insurance care program, starting Ist Jan 2016 , which was approved by the Board of Trustees at a special meeting held on Thursday evening.
Trustees Mike Budzik, Keith Taulbee, and Paula Tucker were in attendance, with vice-chairman Andy Stone leading the meeting. Chairman Johnson was reportedly unavailable due to travel .
The college’s current provider, Anthem Blue Cross Blue Shield presented the college with a 35 percent increase on premiums, according to the college’s president, Betty Young. This sent the college out looking for better deals. As a result, the current provider responded with a 24 percent increase on premiums, retracting its formerly proposed 35 percent increase, she said.
If the college kept the current insurance, given the proposed 24 percent increase, it would result in additional costs of $438.91 for individuals; and $1,305 for families, over the course of a year, which is a “significant increase,” Young said.
Source: Athens Messenger
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