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Village of Flossmoor approves insurance renewals with budget challenges and cost-saving measures

The Village of Flossmoor’s health, dental, vision, and life insurance providers, Blue Cross Blue Shield (BCBS), MetLife, Vision Service Plan, and Dearborn National, are set to expire on June 30. The initial health renewal was larger than budgeted, but additional negotiating resulted in an overall increase of 7.9 percent. Village renewals increased 29 percent vs. PwC Health Research Institute medical trend rates, with an estimated impact of $19,900 to the village budget. 

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