Current Challenges:
Fiscal 2021 proposed budget health care costs are up 3 million or 8.6%, after an increase of 3.3
million or 11% in Fiscal 2020. The chart below includes all costs including Dental, Administrative
costs & fees, Stop loss insurance, Health claims, and Wellness activities.
. my
FY14-FY¥21
City of Nashua city of Nashua Health Care Expenses
Health Care Expenses 355,000,000
Actual Spend
FY14 535,725,108
FY15 $38,365,299 350,000,000
FY16 $41,195,465
FWw1? 542, 566,175
FY18 544,255,614 $45,000,000
Fw19 $47,484,380
FY20 $48,780,708] *estimate
FY21 552,975,849]*estimate
$40,000,000
Nobe: FY14-F¥19 are actual costs, FY20 costs
are not finalized. budgeted estimate onhy. FY21 is |
an estimate provided for FY21 budget based on
trends. $35,000,000 |
$30,000,000 — — — = — — — — —_
L FY14 FY15 FY¥16 FY1?7 FY13 F¥Y19 FY¥20 FY21
ual
