Town Notes Major Increases in Health Insurance Costs
Town of New SalemCity · MA- Document date
- Aug 15, 2025
The 30-second brief
The Town of New Salem documented substantial premium increases from the Hampshire Group Insurance Trust, including an 18% increase on July 1, 2025 and an additional 20% on October 1, 2025. The Finance Committee will estimate the FY26 budget impact of these higher employer health insurance costs.
Hampshire Group Insurance Trust holds this insurance contract with Town of New Salem. Its other public contracts on record include work for Town of Charlton and Deerfield School District.
Term as filed: 18% increase effective 7/1/2025 and additional 20% increase effective 10/1/2025.
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Contract details
- Contract type
- Insurance
- Document date
- August 15, 2025
- Term
- 18% increase effective 7/1/2025 and additional 20% increase effective 10/1/2025
- Agency
- Town of New Salem
- Source document
- town-of-new-salem-finance-committee-meeting-minutes-august-15-2025_dac.pdf (Minutes)
Hampshire Group Insurance Trust's other public contracts
More Town of New Salem contracts
Questions about this contract
Who was awarded the insurance contract by Town of New Salem?
Hampshire Group Insurance Trust was awarded this insurance contract by Town of New Salem, as recorded on August 15, 2025.
What type of contract is this?
This is a Insurance contract, documented as a minutes record.
Where was this contract approved?
This contract appears in town-of-new-salem-finance-committee-meeting-minutes-august-15-2025_dac.pdf (Minutes), dated August 15, 2025 from Town of New Salem. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does Hampshire Group Insurance Trust hold?
Hampshire Group Insurance Trust may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
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What is Town of New Salem currently buying?
Explore Town of New Salem's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.