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The City Council voted 8-1 to begin negotiations on potentially changing Malden’s employee health insurance structure, with preliminary estimates projecting $2 million to $5 million in savings.
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The vote starts a negotiation process about whether Malden should join the Group Insurance Commission; it does not approve a switch or automatically change employee coverage. The city must demonstrate significant savings, and up to 25% of first-year savings would be returned to employees and retirees through mitigation funds. The Council also appointed ad hoc committees focused on library relations and Council conduct.
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