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Employee Benefits

Smithfield to join NCHIP, expects significant insurance savings

March 27, 2024 Reprints

The Smithfield, North Carolina, Town Council has decided to enroll its employees in the North Carolina Health Insurance Pool, a move expected to reduce the town's health insurance premiums and protect it from future spikes, reports the Johnston County Report. The decision, which could save the town over $100,000 this year and $1.1 million over the next five years, comes in response to a projected 13% increase in annual premiums under its current private insurance carrier.

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Smithfield to join NCHIP, expects significant insurance savings

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