Vt. town bracing for high health cost spike

Friday November 30, 2012 8:00 AM

ST. JOHNSBURY, Vt. (AP) — Officials in the Vermont town of St. Johnsbury are bracing for a spike in health care costs, expected to be between 20 percent and 24 percent next year.

The increase translates to an increase in health care premiums of between $88,000 and $108,000, although the costs are somewhat offset by employee contributions.

Selectman Jim Rust says the increase is due to state and federal mandates.

Rust tells the Caledonian Record (http://bit.ly/U6fv2K0 officials are considering other insurance policies, but that would require union support.

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Information from: The Caledonian-Record, http://www.caledonianrecord.com

©2013 by The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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