Board members were given two options. One was to abide by an agreement it signed last year that calls for the facility to pay half of an employee's premiums for dependants. The other would have meant employees would pick up most if not all of the increased cost. Morgan says they plan to start shopping around for alternative plans soon after the new year Health3 possible On another related note, board members were also given an update on a plan that appears to be underutilized by hospital employees. A flexible spending account can be set up by employees to elect to participate Health4 out The dollar amount specific by an employee is placed in an individual account with the funds being available to pay for uncovered medical expenses such as copayments.
Employees can also place pre tax dollars into a fund to cover child care expenses.