The Covington City Council continued working on its 2015 fiscal year budget Thursday, and among the topics was a 3 percent increase in insurance.
The city’s premiums did not change in cost, but the change comes from Affordable Care Act fees.
According to Gary Massey, the Affordable Care Act fees are built in to the system, and this year’s increase is 3.53 percent.
“We are maintaining the rate this year, and it does not penalize us for our claim experience, that’s neutral,” Massey said. “All we’re doing is paying for the Affordable Care Act fees, and a little less than that.”
Covington’s Human Resources Director said the increase will cost about $5 a month for single coverage. That cost will be split between the city and its employees.