WEB ONLY: Township employee benefit costs up 11%

Be­sides a 15% increase in the “life” category, councillors had little to say about the 2009 re­newal of the township’s em­ployee benefits program.

“Are we anticipating a lot of deaths this year?” quipped councillor Mike Downey. “Typi­cal insurance company – they just give it to you.”

Councillor Jim Curry agreed the increase seems high.

Overall, there is a 10.9% increase in Mapleton’s costs for the county-wide program provided by Manulife Finan­cial.

“While the 2009 renewal is significant, I would indicate that the five year average in­crease is 3.7 per cent,” said clerk Patty Sinnamon.

Other large increases in the renewal include 10.2% for dental coverage and 12.8% for extended health care.

Township benefit consultant Mosey and Mosey provided the following justifications for increased costs:

– increased prescription drug costs, combined with  in­creased usage of those drugs;

– an aging workforce;

– the impact of new drugs; and

– increased utilization of dental care.

Council unanimously ap­proved the increased premium for the 2009 renewal.

Councillor Bruce Whale was absent.

 

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