Oak Creek looks at health insurance
February 23, 2005
The Oak Creek Town Board tonight will consider amending its budget to allow for an unexpected increase in the town’s health insurance cost.
Last year, the town paid $65,000 for its health insurance, and officials expected that price tag to increase 17 percent to $76,000 this year, Town Clerk Nancy Crawford said.
Instead, health insurance provider BlueCross/BlueShield is raising the rate 30 percent, to $84,500.
“It’s not too terrible, but it’s enough to be concerned about,” Crawford said. Such an increase must be approved by the Town Board, she said.
Eight town employees are covered by the town’s health insurance, she said.
Asking for bids from other health insurance companies probably wouldn’t result in a lower cost, Crawford said. The town’s insurance agent already checks with other health insurance providers to price similar plans.
The way to decrease the town’s health insurance costs would be to adjust the plan to increase deductibles or decrease services, Crawford said.
Also at tonight’s Town Board meeting, the board will consider approving a final plat for the Sierra View subdivision.
Only when the developers have a final plat will they be able to hand over the title to the lots when they are sold, Crawford said.
Some public road and utility work that the developers agreed to do remains unfinished, so the developers need a letter of credit for the estimated costs of those improvements. The remaining work is estimated to cost just more than $500,000, Crawford said. The letter of credit means that if the developers did not finish the work themselves, the town would receive the funds needed to do so.
“It’s all part of the annexation process,” she said.
In other business, the Town Board will discuss how to provide street access for the five homes and the duplex the Yampa Valley Housing Authority is proposing to build for affordable housing. The building sites are on a hillside on Grand View Avenue, but the road to the homes has not been improved, Crawford said. The Town Board will discuss whether to help with such road improvements.
Also, the Town Board will get an update about the wastewater treatment plant project and will consider accepting bids for 0.07-acre lot.
The Oak Creek Town Board meets at 7 p.m. at Town Hall.
— To reach Susan Cunningham call 871-4203 or e-mail firstname.lastname@example.org