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Board approves 5% medical and 6% dental premium increases for 2025–26; district share to cover half
Summary
After review by the insurance committee and consultant National Insurance Services, the board approved a 5% increase to the district’s self‑funded medical plan and a 6% increase to dental rates for the 2025–26 plan year; administration estimates the district share is roughly half the aggregate increase per bargaining agreements.
The Lakeville Area Schools board on March 18 approved recommended renewals for the district’s self‑funded medical and dental plans: a 5% increase to medical renewals and a 6% increase to dental for the 2025–26 plan year.
What administration recommended: Brenda Elbrick and consultant Aaron Casper of National Insurance Services presented plan performance and recommended increases based on 24 months of claims. Casper told the board that the district’s medical claim mix has shifted (about 31% pharmacy this period versus 24% the prior year), with specialty drug and GLP‑1 class spending contributing to upward pressure. He…
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