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INSURANCEAPPROVED

Scio Township Board of Trustees Agenda To authorize a proration amount of the Blue Cross Blue Shield of MI HSA Township funding for hires after 4-1-2026 2026-06-09

Township Updates BCBSM HSA Proration for New Hires

$700 per single employee; $1,400 per 2 persons/family (prorated for hires after 4-1-2026)Town of ScioBLUE CROSS BLUE SHIELD OF MIJune 9, 2026

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Description

Scio Township Board of Trustees approved the proration of Health Savings Account (HSA) contributions for employees opting into Blue Cross Blue Shield of MI plans hired after April 1, 2026. Prorated contributions will be $63.64 per single employee or $127.28 per family for each month remaining in the 2026 plan year.

Contract Details

Contract Amount

$700 per single employee; $1,400 per 2 persons/family (prorated for hires after 4-1-2026)

Vendor

BLUE CROSS BLUE SHIELD OF MI

Agency

Town of Scio, MI

Contract Type

INSURANCE

Document Date

June 9, 2026

Contract Term

April 2026 plan year; proration for hires after April 1, 2026 based on months remaining in plan year

Renewal Date

2027-04-01

Renewal Info

Previous board action on February 24, 2026 approved the underlying plan; this item specifies proration for late hires for 2026.

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Issuing Agency

Town of Scio

City

Town of Scio, MI

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Vendor

BLUE CROSS BLUE SHIELD OF MI

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