Conway holds sessions on costs

by Tony on May 9, 2014

Conway town leaders are concerned about the increasing cost of providing health insurance coverage for town workers and will hold two public meetings to discuss the issue.

Conway Finance Director Lilli Gilligan says the average cost increase for health insurance and retirement benefits for town workers increased nearly 10 percent each year from 2005 to 2009 – and then dropped to a nearly 3 percent annual increase each year through 2013.

Those costs jumped about 14 percent in 2014, making the average annual cost increase each year since 2009 just more than 5 percent a year.

The town has formed a Healthcare Study Committee that includes Conway Selectmen Stacy Sand and Mike DiGregorio and Conway School Board members Michelle Capozzoli and Mark Hounsell.

Sand says the committee is looking for alternative ideas to deal with the increasing costs and the two public meetings will be brainstorming sessions to hear ideas and gather information about public employee healthcare.

The first meeting will be Saturday May 10, 2014 at 10 a.m. at the Conway Public Library’s meeting room. The second meeting will be Tuesday May 13, 2014 at 6 p.m. at the meeting room of the Conway Town Hall in Center Conway.