INSURANCEPENDING

City of Hopewell Council Meeting Agenda April 2026

City Evaluates Local Choice Health Plan Renewal

Approximately $1,000,000 total increase (recommended alternative reduces increase to about $357,000; $293,000 city, $64,000 employees)Hopewell Redevelopment & Housing AuthorityLOCAL CHOICE (TLC)April 28, 2026

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Description

Hopewell City Council received a presentation on renewing its health insurance through The Local Choice program, which includes a projected 15.7% cost increase of nearly $1 million. Staff recommended an alternative plan design that would reduce the additional cost to about $357,000 and adjust pharmacy and benefit features starting July 1, 2026.

Contract Details

Contract Amount

Approximately $1,000,000 total increase (recommended alternative reduces increase to about $357,000; $293,000 city, $64,000 employees)

Vendor

LOCAL CHOICE (TLC)

Agency

Hopewell Redevelopment & Housing Authority, VA

Contract Type

INSURANCE

Document Date

April 28, 2026

Contract Term

Plan year beginning July 1, 2026 (ongoing annual renewal)

Renewal Date

2027-07-01

Renewal Info

Annual renewal of The Local Choice health insurance, with changes to plan options (eliminating the 250 plan, offering Key Advantage 500, Key Advantage 1000, and a high-deductible plan) and prescription drug structures effective July 1, 2026; final approval timing not recorded.