Town of Mars Hill Budget FY 2026-2027 2026-06-01
Mars Hill Budget Includes Increased NC State Health Plan Fees
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Description
The Town of Mars Hill will continue its participation in the N.C. State Health Plan administered by the N.C. Department of State Treasurer for FY 2026-2027, with a new estimated $45,000 membership fee and anticipated premium increases effective January 2027. The budget includes allocations for these rising health insurance costs covering all town employees.
Contract Details
Contract Amount
Estimated $45,000 additional membership fee (total additional cost estimate); premium costs not finalized
Vendor
NORTH CAROLINA DEPARTMENT OF STATE TREASURER
Agency
Town of Mars Hill, NC
Contract Type
INSURANCE
Document Date
June 1, 2026
Contract Term
Fiscal Year 2026-2027, premiums increased January 1, 2027
Renewal Date
2027-01-01
Renewal Info
Premiums scheduled to increase January 1, 2027. Membership fee assessed as ongoing obligation. Mid-year budget amendment likely for premium changes.
More from NORTH CAROLINA DEPARTMENT OF STATE TREASURER
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