The Vincennes Board of Works has approved what amounts to a 16 percent increase in the 2027 City employee insurance plan. Vincennes Mayor Joe Yochum told the Board the original increase was 25 percent, but after review, it was reduced to 16 percent.
The City set aside around 130-thousand for the insurance increase. The original increase was near 140-thousand, but increased deductibles and out-of-pocket expenses allowed the new policy to fit the budget amount. However, employee co-pays will remain at the same amount. The City will stay with Anthem as its provider; City officials outreach to three other insurance carriers for coverage was rejected.
Board members approved the new plan unanimously.
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