Health Service Board approves Hartford's 2023 life and disability insurance rates
February 10, 2022 | San Francisco City, San Francisco County, California
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In a pivotal meeting held on July 4, 2025, the San Francisco Health Service Board reviewed and approved the renewal of life insurance, accidental death and dismemberment (AD&D), and long-term disability (LTD) insurance rates for the upcoming plan year. Presented by Mike Clark from Aon, the proposal highlighted a significant reduction in premiums, marking a positive shift for city employees and their families.
The Hartford, the insurance provider, has committed to a three-year rate guarantee, with the 2023 rates reflecting a decrease from the previous year. This renewal is expected to yield nearly $2 million in savings for employers and over $200,000 for employees participating in supplemental coverages. The meeting underscored the importance of these insurance plans, which cover city employees, the Superior Court, and the Municipal Executive Association, while noting that retirees and certain educational employees are not included.
Clark detailed the historical claims experience that informed the new rates, emphasizing a collaborative effort between the Hartford and the Health Service Board to ensure competitive pricing. The basic life insurance rate will see a 15% reduction, while the LTD insurance rates will drop by 25%. These adjustments are attributed to improved claims experience and a careful analysis of demographic shifts over the past five years.
Commissioner Fowlesby expressed optimism that the positive claims history may reflect the effectiveness of wellness initiatives within the Health Service System. The board unanimously moved to accept the recommendations, reinforcing the commitment to providing affordable and comprehensive insurance coverage for city employees.
As the meeting concluded, the board opened the floor for public comments, although no callers participated. The approval of these insurance rates not only signifies financial relief for city employees but also highlights the ongoing efforts to enhance employee benefits in San Francisco. With the new rates set to take effect on January 1, 2023, the city looks forward to a more secure future for its workforce.
The Hartford, the insurance provider, has committed to a three-year rate guarantee, with the 2023 rates reflecting a decrease from the previous year. This renewal is expected to yield nearly $2 million in savings for employers and over $200,000 for employees participating in supplemental coverages. The meeting underscored the importance of these insurance plans, which cover city employees, the Superior Court, and the Municipal Executive Association, while noting that retirees and certain educational employees are not included.
Clark detailed the historical claims experience that informed the new rates, emphasizing a collaborative effort between the Hartford and the Health Service Board to ensure competitive pricing. The basic life insurance rate will see a 15% reduction, while the LTD insurance rates will drop by 25%. These adjustments are attributed to improved claims experience and a careful analysis of demographic shifts over the past five years.
Commissioner Fowlesby expressed optimism that the positive claims history may reflect the effectiveness of wellness initiatives within the Health Service System. The board unanimously moved to accept the recommendations, reinforcing the commitment to providing affordable and comprehensive insurance coverage for city employees.
As the meeting concluded, the board opened the floor for public comments, although no callers participated. The approval of these insurance rates not only signifies financial relief for city employees but also highlights the ongoing efforts to enhance employee benefits in San Francisco. With the new rates set to take effect on January 1, 2023, the city looks forward to a more secure future for its workforce.
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