Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Pulaski board hears in-depth review of district self-funded health plan and cost trends
Summary
Brown & Brown and district staff reviewed the district’s self-insurance performance, projected renewal scenarios and cost-mitigation steps; no policy change was approved at the meeting.
District staff and Brown & Brown presented a detailed update on the Pulaski Community School District’s self-funded health insurance plan, telling the board the program has produced substantial cost avoidance compared with broad fully insured market offers but still requires continued management to hold down trend.
Mark, a district staff member leading the budget discussion, summarized the financial picture and said the decision to move to a self-funded model in 2022 produced a large cost avoidance compared with the 30%-plus renewals the district faced under a limited set of fully insured bidders.
“We were able to negotiate that 30% over 2 years. So we received a 12% with an 18% pending,” Mark said as he explained the district’s path into self-funding and later said the district is tracking an approximate 1% loss ratio year to date through February.
A Brown & Brown representative presented monthly claims and utilization slides showing an…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
