Health Insurance Provider Review

At a glance

• What: An unforeseen $9 million health insurance expense was reported at the August 19, 2026 mid-year update, and the City is reviewing responses to a request for proposals for a new plan.
• Where it stands: Dixon said reviews should finish the week of August 19 with a final selection in September; the City is not considering NYSHIP and is reviewing benefit changes. The selection is not in the minutes read.
• Next: Confirm the chosen plan and its cost effect on FY2027.

Detail

• Farrell asked whether the City considered NYSHIP; Fitzpatrick said responses to an RFP were under review and Dixon said NYSHIP is not under consideration.
• Powell asked why costs rose so much and when the plan would be chosen.
• Related: Midyear Budget Deficit.

Sources

• Finance, Assessment and Taxation Committee minutes, August 19, 2026: https://albanyny.gov/AgendaCenter/ViewFile/Minutes/_08192026-2383

Log

2026-08-19 - Finance, Assessment and Taxation Committee

Discussed as above. No vote.