Town explores new health insurance options amid 11% increase in GIC rates

During a recent Finance Committee meeting in Millis, MA, discussions centered on the town's health insurance costs and potential savings for residents. The town has been enrolled in the Group Insurance Commission (GIC) for approximately 11 years, but this year, the insurance premium increase reached around 11%. This rise is notable compared to other towns, where adjustments varied between 5% and 18%.

Committee members expressed a desire to explore alternative insurance options moving forward, indicating that there may be opportunities for significant savings. The committee plans to collaborate with new human resources staff to conduct thorough research on these alternatives.

Additionally, the meeting highlighted the availability of union contract agreements on the select board's website, encouraging residents to review the details of these agreements. The committee aims to incorporate these contracts into the town's budget over the coming months, although this process may take some time.

As the town navigates these financial challenges, the focus remains on finding solutions that will benefit the community and manage costs effectively.