Staring down a potential 17% increase in health care prices this year, the City of Guthrie decided Tuesday that while Aetna has been a great insurance company, it was time for change. Switching to Blue Cross Blue Shield (BCBS) resulted in a 6% reduction in the budget for medical costs.
“I’ve never witnessed that before in my life,” Emergency Manager David Ball said. “We give all the credit to our broker, Jim.”
Jim Duncan, President of Benchmark Financial Group in Oklahoma City has served the City of Guthrie for 18 consecutive years, said this was a first for him too.
“To come in 6% (lower) on your renewal and no change in your employee benefits — phenomenal,” Duncan said. “Last year we went from to $250 to $500 (deductibles) to save your employees money. Today we are at $500 deductible, less copays, and easier to manage your hospital network and physicians.”
Duncan predicts a seamless transition for employees and was delighted to announce the lowered cost for both the city and her employees.
The cost effective shift to BCBS for health benefits passed unanimously.
Following a workshop to discuss the FY 2019 budget draft, council voted in approval of the Res.#2018-14 to adopt the FY2019 budget for general and miscellaneous funds.
The council then reappointed Tommy Wageman and appointed Rebecca Pittman to the Guthrie CVB through September 30, 2021.
Tammie Hulsey was appointed to the Guthrie Park Board for a term expiring June 4, 2019.
Council members adjourned to executive session where no action was taken on the contract to employ McAfee & Taft and Fulmer Sill, PLCC as counsel to prosecute opioid cases. The legal team aims to contract with the city and Logan County to see money returned for expenses incurred with opioid related emergency services.