Self-funded amount climbs by $5,000
TELL CITY - Perry County commissioners opted in a regular meeting Nov. 19 to raise the amount county employees' insurance is self-funded from $40,000 to $45,000.
Their action came on the heels of a presentation by Cathy Dunn, president of Dunn and Associates Benefit Administrators of Columbus.
Under self-funding, an employer pays health-care claims and doesn't call for insurance payment unless their totals exceed the specified amounts, after which aggregate coverage kicks in to protect the county against catastrophic costs.