City changes insurance providers

December 13, 2016 GMT

The City of Corinth is making a few changes in its employee benefit offerings in the coming year. The Board of Aldermen voted last week to change providers for vision, dental and life insurance. Enrollment is currently in progress. The city is staying with Blue Cross Blue Shield for employee medical insurance and with AmFirst Insurance for gap coverage. The city covers the entire health insurance cost, including the gap coverage; employees do not take a payroll deduction for health insurance. The plan continues with a $1,000 deductible and will have an out-of-pocket maximum of $2,350. Sun Life is the new provider for life and dental insurance, replacing Guardian. Vision insurance will switch to VSP. The city sponsors a $15,000 life insurance policy for employees, while vision and dental require payroll deductions. The dental plan will add five additional dentists to the network, and routine cleanings will not count against the $1,000 annual maximum as they do in the current plan. The premium will reduce slightly. The new vision coverage will offer two tiers, with the lower tier being slightly less expensive than the current plan. The only change to the network of providers will be the exclusion of Walmart. The renewal date was previously Nov. 1 and has moved to Jan. 1 for everything except Blue Cross Blue Shield. The changes follow the recent hiring of Simmons First Insurance Services to serve as an employee benefits consultant and broker.