Health Insurance Trust reviews $5.7M fund balance, plans joint-board presentation.
Health Insurance Trust Fund · Meeting of May 1, 2026
Westford Health Insurance Trust reviews $5.7M fund balance ahead of joint-board presentation. Finance Director Dan O'Donnell reported the Trust Fund held approximately $5.723 million as of April 30, 2026, up roughly $1.4 million year-over-year despite March market volatility affecting investment earnings. Town Manager Kristen Las and consultants Patrick Harden and Matt Carville from Lockton Companies prepared materials analyzing the town's health insurance program for an upcoming joint meeting with the Select Board, Finance Committee, and School Committee.
Trust members directed Lockton to revise the executive summary to remove formal recommendations in favor of presenting options and considerations, clarify financial projection assumptions including GLP-1 medication formulary changes, and prepare both concise and detailed reference materials for distribution before the joint session.
In the full story:
- The complete report — 199 words
Source: the Health Insurance Trust Fund meeting of May 1, 2026, reported from the official video recording and transcript.
Keep reading with a 30-day free trial
Subscribe to Westford News to keep reading this post and get 30 days of free access to the full post archives.
Starting a trial requires a payment method. After 30 free days your subscription begins at the price shown at checkout and renews automatically until you cancel. You can cancel anytime from your account. Subscription terms
A subscription gets you:
- Subscriber-only posts and full archive
- Post comments and join the community
- 24x7 access to local news