Municipalities Face Financial Strain from Rising Health Costs
Municipalities and school districts in New Hampshire are grappling with unexpected bills due to rising health costs. SchoolCare, a nonprofit providing health insurance to public employees, issued a $30 million assessment to cover increased claims, impacting districts like Jaffrey-Rindge, which received a bill for over $585,000. The pooled risk management program (PRMP) used by SchoolCare offers a cheaper alternative to traditional insurance but places financial risk on taxpayers and municipal employees. Rising claims, particularly those exceeding $100,000, have strained reserves, prompting rate increases and assessments. 
