Saturday, February 5, 2011

County medical insurance

Back to the county commissioners meeting. The HR guy said that the county's medical plan was up for renewal. And the insurance company was talking premium hikes. I asked the HR guy how many bidders he had. "Just one" he replied. "It's a sole source procurement. One company didn't even submit a bid when we asked." Which means we taxpayers are about to get robbed again. The way you keep costs down is you have multiple bidders and go with the low cost bid. When there is only one bidder, hold onto your wallet.
This is something Concord could fix. We could pass a NH law allowing health insurance companies with a valid license from any state in the union to sell insurance in NH. That would give us more bidders. The few New Hampshire insurance companies would bitch and moan, but Grafton County could get a better deal.

No comments: