OCEAN CITY – The Mayor and City Council swiftly ran through a list of items this week making a number of unanimous votes to move forward.
HSA Contribution Increased
The Mayor and City Council voted unanimously to pass an ordinance on second reading to amend the Health Savings Account (HSA) contribution amount for employees participating in the high deductible health plan.
Following a presentation given by Human Resources Director Wayne Evans and consultant for Bolton Partners Kay Moran a few weeks ago on the course of the town’s health benefits, the council voted to draft an ordinance to increase the contribution level to the HSA for employees who participate in the high-deductible plan. Legislative changes for 2013 raised the levels from $1,200 to $1,250 for single participants and from $2,400 to $2,500 for family participants