Milton Faces 8% Increase in Employee Health Insurance Costs

Key Points

  • Employee health insurance costs increased by 8% this year.
  • Health insurance remains one of the two largest drivers of town expenses alongside salaries.
  • The final 8% figure was lower than the 14% increase initially feared by the Warrant Committee.

Article 6 addresses the town’s employee benefits budget, which has been impacted by a significant rise in health insurance premiums. Warrant Committee Chair Jay Funling reported that health insurance costs rose by 8% this year, a figure that serves as a primary driver for the town’s overall expense increases.

While the 8% hike is substantial, officials expressed relief that the figures were not more severe. This was a higher increase than we've seen in most recent years, but it's still lower than what we were afraid we're going to see in January, Funling said, noting that initial projections had suggested an increase as high as 14%.