By: Laura-Jane Hatcher (WRGA News)
Insurance rates for Floyd County employees are headed up.
As a result of Tuesday’s Floyd Commission meeting, county workers will see the 5-10% hike on their Blue Cross Blue Shield Plan as of October 1st. Though insurance rates are sky-rocketing all over the country, Floyd’s increase is primarily the fault of Blue Cross, who county manager Jamie McCord says didn’t bill the local government for nearly two years.
“We had bills that were paid and negotiated by Blue Cross in 2011 and 2012, but were never billed to Floyd County in the amount of approximately $600,000,” McCord says. “We didn’t account for those expenditures in our health fund for the closure of 2011 and the first half of 2012. Through research through the Finance Department, Gary Burkhalter and Blue Cross, we have found those. They were claims that were paid, that we did owe the money.
“It has drastically affected our health insurance.”
McCord says officials are trying to negotiate down the $600,000 bill, but, in order to keep with projected costs, they must see the rate increase.
Employees covered by individual plans will see their rate swell by 5%, which is about $2.66 a pay period for non-smokers that participate in the wellness program. Floyd workers who have spouse and family plans should except a 10% increase on their bills.
Shouldering the majority of the burden, Floyd will be upping what they pay to Blue Cross by 10% as well.