15
Apr
The town of Marblehead pays a higher percentage of employee health premiums than many other communities, and a reduction could save the town more than $1 million a year, Finance Director Aleesha Benjamin acknowledged. But while the town is trying to lower its insurance costs, the process is complicated, she added. According to Benjamin, the town pays 83% of employee health premiums, with the remaining 17% paid by workers. “If we changed our 83% plans to 75% that would save $1.2M,” Benjamin wrote in an…
