CONTRACTONGOING

Deerfield Faces 20% Increase in Health Insurance Costs

Town of Deerfield
Disclosed value
Estimated additional annual cost between $150,000 and $300,000 due to 20% rate increase
From minutes
Document date
Aug 19, 2025

The 30-second brief

What it covers

Deerfield officials discussed a 20% premium increase from Hampshire County Group Insurance Trust effective October 1, 2025, which is expected to raise the town’s annual health insurance costs by $150,000 to $300,000. The town currently maintains a 65-35 cost split between the municipality and employees and plans further research on benefit structures.

Who holds it

Hampshire County Group Insurance Trust (Hcgit) holds this insurance contract with Town of Deerfield. Its other public contracts on record include work for Greater Commonwealth Virtual District and Erving School District.

What happens next

Term as filed: Rate increase effective October 1, 2025; ongoing health insurance coverage.

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Contract details

Contract type
Insurance
Amount
Estimated additional annual cost between $150,000 and $300,000 due to 20% rate increase
Document date
August 19, 2025
Term
Rate increase effective October 1, 2025; ongoing health insurance coverage
Source document
deerfield-personnel-board-meeting-minutes-august-19-2025_deb.pdf (Minutes)

Hampshire County Group Insurance Trust (Hcgit)'s other public contracts

More Town of Deerfield contracts

Questions about this contract

Who was awarded the insurance contract by Town of Deerfield?

Hampshire County Group Insurance Trust (Hcgit) was awarded this insurance contract by Town of Deerfield, as recorded on August 19, 2025. The contract value is Estimated additional annual cost between $150,000 and $300,000 due to 20% rate increase.

How much is the Hampshire County Group Insurance Trust (Hcgit) contract with Town of Deerfield worth?

The Hampshire County Group Insurance Trust (Hcgit) contract with Town of Deerfield is valued at Estimated additional annual cost between $150,000 and $300,000 due to 20% rate increase, covering insurance work.

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 deerfield-personnel-board-meeting-minutes-august-19-2025_deb.pdf (Minutes), dated August 19, 2025 from Town of Deerfield. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Hampshire County Group Insurance Trust (Hcgit) hold?

Hampshire County Group Insurance Trust (Hcgit) may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Town of Deerfield currently buying?

Explore Town of Deerfield's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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