Scio Township Board of Trustees Agenda To authorize a proration amount of the Blue Cross Blue Shield of MI HSA Township funding for hires after 4-1-2026 2026-06-09
Scio Township Approves BCBSM HSA Funding Proration for New Hires
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Description
Scio Township approved a proration for Blue Cross Blue Shield of MI HSA funding for employees hired after April 1, 2026. Single employees receive $700 and families $1400 annually, prorated monthly according to remaining plan months. The insurance covers the April 2026 plan year.
Contract Details
Contract Amount
$700 per single employee; $1400 per 2 persons/family; proration monthly at $63.64/employee or $127.28/family
Vendor
BLUE CROSS BLUE SHIELD OF MI
Agency
Town of Scio, MI
Contract Type
INSURANCE
Document Date
June 9, 2026
Contract Term
April 2026 plan year; proration applies for hires after 4-1-2026
Renewal Date
2027-04-01
Renewal Info
Existing plan approved February 24, 2026; this action amends the proration for hires after April 1, 2026. Annual renewal likely follows plan year cycle.
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