Hagerstown Looking at Self-Insuring to Save Millions

The city council in Hagerstown, Maryland, is considering implementing a self-insured workers’ compensation program that members hope will save nearly $2 million over five years, according to a report by HeraldMailMedia.com. At a work session this week, the council reviewed an independent analysis of its workers’ compensation program by CBIZ Insurance Services. The consultant was hired to determine if it would be beneficial to go in a new direction from the city’s traditional insurance program. Premiums and brokers’ fees for the program have roughly doubled in the past ...