Township Approves Health Insurance Agreement with Delaware Valley Health Trust
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Description
Cheltenham Township authorized entry into a 4-year health insurance participation agreement with Delaware Valley Health Trust effective January 2025, expected to generate substantial savings and maintain benefit levels for staff.
Contract Details
Vendor
DELAWARE VALLEY HEALTH TRUST (DVHT)
Agency
Town of Cheltenham, PA
Contract Type
INSURANCE
Document Date
December 18, 2024
Contract Term
4 years (stated concern: addendum commits to four-year term)
Renewal Date
2028-12-31
Renewal Info
Intergovernmental agreement with an initial 4-year term, effective January 1, 2025. Rate stabilization applies after 2 years. No explicit renewal/extension terms beyond stated concerns about rate cap post-2026.
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