In a recent government meeting, officials discussed the implementation of a new health care initiative known as the Samaritan Fund, aimed at providing financial relief for employees facing serious medical conditions. The program, introduced by 1 Digital (formerly the Ashley Group), is designed to alleviate the burden of medical expenses on the city’s self-insured health insurance plan.
Under the Samaritan Fund, employees or their dependents with serious medical conditions can voluntarily enroll in the program. The city will contribute an upfront payment of $55,000 for each enrolled individual, with a maximum cap of $100,000 for families. This initiative allows participants to access health insurance coverage in the open market, effectively transferring their medical expenses away from the city’s insurance plan.
One of the key benefits of the Samaritan Fund is that it eliminates out-of-pocket costs for participants. Those enrolled will not have to pay premiums or any costs associated with doctor visits or treatments, making it a financially viable option for employees in need of medical care. This approach not only supports the health and well-being of city employees but also helps manage the city’s financial exposure to rising health care costs.
Officials expressed strong support for the program, highlighting its dual advantage: providing essential medical care to employees while simultaneously reducing the financial strain on the city’s health insurance budget. The initiative is seen as a proactive step towards ensuring that employees receive necessary medical treatment without the added stress of financial burdens.