Insurance review: district finds self‑funding not viable now; two insured options remain with tradeoffs

Waunakee Community School District staff reported results from a recent request for information on employee health insurance and laid out next steps for a recommendation to the board.

Brian, staff member, said the district solicited responses from local and national fully insured carriers as well as self‑funded third‑party administrators. He summarized: “The net result of this was that the best of these offers…would be an increase in district costs or plan costs…of 26.7%. So self funding was not a financial, viable alternative at this time.”

Staff received limited responses from national fully insured carriers; the realistic, immediate choices narrowed to two local carriers: Group Health…