The high cost of health care has reached the City of Fairbury and its employes.
Last night Dan Duren of Benefit Management of Lincoln, the firm which represents the local municipality for benefits, had some very sombre news: Fairbury will be paying 14.7% more for health insurance going in to the next fiscal year.
"This year we had a loss ratio that was 110% more than the amount of premiums we paid into the plan," he said. "There were three claims alone that were nearly $800,000; with most of that coming on just one claim."
The City, which is insured with Blue Cross & Blue Shield, had been facing a 16.7% hike in premium costs, but Duren said that rate was negotiated down by two percent.