NewsTracker Tax and Budget

Montgomery Co. Employees’ Health Insurance Fund Floundering

The health insurance fund for schools and county employees in Montgomery County had a more than $1.6 million deficit at the end of fiscal year 2010, state auditors found in an annual check of county finances.

The red ink stemmed from a spike in claims in April, though officials have worked to address the issue, management with the county and the Clarksville-Montgomery County School Department wrote in their response to the audit’s finding.

“Premiums were increase by 11.89 percent for the current fiscal year, and adjustments to the health plan were implemented, which appear to have adequately addressed the problem at this time,” management wrote in its response.

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