Archived Story

Increase expected on insurance premiums

Published 10:38am Wednesday, October 17, 2012

The cost of health insurance for the county is expected to go up next year. But by how much is still in negotiations.

At the Lawrence County Commission’s Tuesday work session, Jeremy Eastwood, the county’s insurance consultant, reported that the county’s loss-claims ratio was at 86 percent.

“That means for every dollar in premiums paid, 86 cents out of every dollar is going to claims,” Eastwood told the commissioners.

Because of that Eastwood expects United Health to raise its premiums.

“It would have to be 75 percent loss ratio,” he said, for there not to be any increase.

Right now the county pays out $2.8 million in premiums a year for employees covered by United Health.

Recently United Health gave the county 2 percentage points toward the premiums because employees participated in its wellness program.

“That is a good step,” Eastwood said. “We are a profitable group to United.”

Commission President Les Boggs authorized Eastwood to offer a 5 percent premium increase when Eastwood negotiates with United Health over the new premium amount.

“I’ve been satisfied (with United),” Boggs said. “Usually you hear if there are any complaints. I don’t think I have heard one this year.”

  • mickakers

    If we had a Nationalized One Payer Plan or Socialized Medicine, increases of this type would not enter the equation. It seems we prefer to gravel at the feet of the Medical, Pharmaceutical and Insurance conglomerates.

    (Report comment)

Editor's Picks

Fundraiser set for Coal Grove teen

COAL GROVE — A community-wide effort to win Devyn Pritchard a wheelchair accessible van from a National Mobility Equipment Dealers Association contest fell short earlier ... Read more

Special needs camp teaches bike-riding

HUNTINGTON, W.Va. — The father didn’t want anyone to see, so he tried to casually brush them away. But the tears that welled in his ... Read more

Antique equipment shows off history

Ohio lies in a unique position within the United States, with part of the state situated in the Mid-West and the southeastern portion of the ... Read more

Unexpected heroes

Passersby help people trapped in burning house   Heroes don’t always wear capes, uniforms or badges. They aren’t always scanning the skies, or roaming alleyways ... Read more

Linda