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RSU 40 finance committee recommends private family medical leave insurance to reduce district and employee costs
Summary
Committee members recommended the district pursue private insurance for family medical leave after a presentation the committee said could save roughly $122,000 for the district and a similar amount for employees, subject to a three-year commitment to the private carrier.
The RSU 40/MSAD 40 finance committee recommended that the district pursue a private insurance option for family medical leave instead of enrolling in the state program, after staff summarized a presentation by MSMA and projected cost savings.
A district presenter told the committee that, based on a review with MSMA, using a private carrier would allow the district to defer certain costs for 13 months and would save…
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