School board approves Sun Life stop‑loss insurance for 10/1/2025–9/30/2026

The school board voted to accept a stop‑loss insurance bid from Sun Life Insurance for the district’s employee medical plan covering the period Oct. 1, 2025, through Sept. 30, 2026.

The vote implements the insurance committee’s recommendation after committee members and trustees reviewed the bids and asked questions of staff. The district’s insurance committee includes union representatives and board members, a staff member said during the meeting.

Board members raised no formal objections during the discussion. Staff asked whether there were further questions; none were raised before a motion was made and seconded to approve the committee’s recommendation. A roll call showed unanimous “yes” votes from trustees present.

Discussion: Trustees discussed the committee process and confirmed that the recommendation came from the district’s insurance committee, which includes representatives of employee unions and board members. Staff indicated the committee had received questions and information before making its recommendation.

Formal action: A motion to approve the stop‑loss insurance bid from Sun Life Insurance for the plan period 10/01/2025 through 09/30/2026 was made, seconded and approved by roll call.

What this means: Stop‑loss insurance limits the district’s exposure to very large individual or aggregate medical claims under its self‑funded health plan; the approved policy will govern how the district shares risk with an insurer for the cited plan year.

Vote: The roll call recorded affirmative votes from trustees identified on the record as Mister Hedley, Doctor Bidwell, Mister Peruzzi, Mister Homoc and Mister Gilmore.