CONTRACTONGOING

Town Notes Major Increases in Health Insurance Costs

Town of New Salem
Document date
Aug 15, 2025

The 30-second brief

What it covers

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.

Who holds it

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.

What happens next

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
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.

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