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Health Insurance Trust Fund reviews $5.831 million balance, receives Lockton analysis.

Health Insurance Trust Fund · Meeting of March 31, 2026

Westford Health Insurance Trust recorded a $5.831 million fund balance as of March 31, 2026. Finance Director Dan O'Donnell reported the balance is approximately $1.4 million higher than the prior year despite anticipated market volatility impact on March investment earnings. The Trust received a detailed analysis from Lockton Companies consultants Patrick Haraden, Matt Carville, and Meena Menon examining the town's current health insurance offerings, benchmark community comparisons, and future options based on a fall RFP.

The Trust plans to meet again before presenting findings to the Select Board, Finance Committee, and School Committee.

In the full story:

  • The complete report — 254 words

Source: the Health Insurance Trust Fund meeting of March 31, 2026, reported from the official video recording and transcript.

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