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Board hears 11% health‑insurance renewal and explores self‑funding option amid rising claims
Summary
District officials told trustees the Aetna renewal came with an 11% increase after a 12‑month claims-to-premium ratio near 98%. Administrators said negotiations, benefit adjustments and a possible move to a self‑funded plan will be central to meet-and-confer talks with employees.
Superintendent and finance staff briefed the board on a proposed health‑insurance renewal from Aetna that carries an 11% rate increase. The district’s 12‑month claims‑to‑premium ratio is about 97–98%, the presenters said, and the current monthly premium payout would rise from about $678,000 to $753,000 — bringing the district’s annual insurance payment near $9.44 million, split about 83% district / 17% employee under current cost arrangements.
Superintendent Thomas and finance staff explained the district has…
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