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SOUTH WHITLEY â€” With a monthly savings of $2,700, South Whitley town council members voted to change health insurance coverage for town employees, effective May 1.
â€śI met with town employees on this Physicians Health Plan (PHP) which is a less expensive plan and it will save the town some money until the wages and benefits comes around in November,â€ť said Council President Tony Starkey in Tuesday eveningâ€™s monthly meeting. â€śNew health insurance online submittal applications need to be done by each employee by May 1 and new (PHP) rates will hold until then.â€ť
Currently, 11 town employees have a Health Savings Account plan through Anthem with a monthly premium of $12,600, compared to PHP at $9,900 each month.
In order to receive the $2,700 monthly savings, the town must renew its membership with the Whitley County Chamber of Commerce at an annual cost of $375.
â€śI think itâ€™s been since 2008 that the town was a member of the Whitley County Chamber of Commerce,â€ť Clerk-Treasurer Bob Gould said. â€śDues were never renewed.â€ť
The PHP plan is similar to the townâ€™s current Anthem policy with a $2,500 single deductible and a $5,000 family deductible, along with 100 percent of claims covered after deductibles are met.