Health Insurance Trust Fund

Health Insurance Trust reviews claims trends and reserve strategy. The Westford Health Insurance Trust, chaired by Town Manager Kristen Las, examined claims experience and discussed the development of a formal reserve policy as the Trust holds a cash balance of $5.731 million as of May 31, 2026.

Westford tri-board hears health insurance consultant present four options including GIC membership. Lockton Insurance found the town's self-insured plan financially healthy but presented the Group Insurance Commission as offering approximately $3.6 million in aggregate savings, including $1.3

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

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

Westford Health Insurance Trust Fund approves stop-loss renewal with 13.46 percent premium increase. The Trust's fund balance reached approximately $5.2 million as of January 31, with a $1.66 million increase from January 2025, according to Finance Director Dan O'Donnell. HUB International