Self Insurance Board (Cam2) 4/29/26

The Sumner County Self Insurance Board met on April 29, 2026, to discuss various insurance and benefits-related matters. Key procurement-related topics included a review of the county's retiree insurance eligibility and benefits, with a request to reconsider coverage for employees who transferred between county entities without breaking service. The board also reviewed financial reports showing strong fund reserves and discussed the stop-loss insurance fund, which has been managed to yield savings compared to commercial insurance. Additionally, the board considered a proposal to move coverage of continuous glucose monitors from the medical benefit to the pharmacy benefit to gain better rebates. The meeting included discussion of upcoming insurance rate increases, with a proposed 4% increase for health insurance and a 5% increase for workers' compensation (OJI) insurance. The board planned to meet again in May to approve the life insurance policy and review related RFPs. Legal counsel advised caution regarding changes to retiree benefits due to policy and actuarial implications, and the board requested further analysis on the impact of potential benefit changes for retirees transferring between county departments.