Local towns and villages announce a health insurance partnership with MVP | Health
A number of local towns say they have found a way to save on health care costs. Nine towns and the Rochester Housing Authority joined forces Monday forming a trust they say will save money on premiums.
Those involved say it gives them more negotiating power with health insurance companies. They also say it will drive down premiums for town employees which would save taxpayers money. The communities gain leverage with health care companies because they’re buying together. Chili, Henrietta, Penfield, Perinton, Pittsford, Webster, East Rochester, Fairport, Victor and the Rochester Housing Authority are all included.
“We had 10 entities trained to do this 10 separate ways. By joining together, I think the administration becomes more efficient. We’ll be considered a major client. I think we’ll get more attention from the carrier,” said Bill Carpenter, Pittsford Supervisor.
Together, the towns have more than 1200 insurance policies that cover more than 3,000 people. News 10NBC is told the 3-year agreement will save about $5 million