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Wednesday, April 09, 2014

Selectmen OK Health Insurance Consultant

Moving to avoid health insurance issues that recently confronted the Board of Education, the Westport Board of Selectmen today approved a $55,000 insurance consulting services agreement with Northeast Series of Lockton Companies.

First Selectman Jim Marpe, who introduced the resolution, praised Finance Director Gary Conrad for finding a consultant that he said “takes us to a very different level in terms of the relationship and the ability to service our needs.”

He added, “As we know, in the last few months we’ve had a challenging problem with the health insurance accounts of the Board of Education.” This was a reference to what was initially thought to be a $2 million shortfall in the schools’ health insurance budget due to exorbitant claims but that upon careful scrutiny actually turned out to be a surplus.

Conrad negotiated an overall arrangement with Lockton of $100,000 and Monday night the Board of Education voted to accept the services of Lockton at a cost of $45,000, which “was not always a certainty,” Marpe said. (See WestportNow April 7, 2014)

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