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Pasco officials say self-insurance plan ran a multimillion-dollar shortfall; committee weighing plan changes
Summary
Board members and staff reviewed a Florida Blue executive summary showing rising medical and pharmacy costs and a reported shortfall; the insurance/finance committees will propose changes this summer to address the deficit.
Pasco County School District trustees and staff reviewed an executive summary from Florida Blue showing rising per‑member costs and a significant shortfall in the district’s self‑insured plan through Feb. 28, 2025.
At a board committee update, a presenter summarized year‑over‑year cost drivers and said the per‑member‑per‑month (PMPM) payment rose about 8.9% in 2024 — from $578 to $630 on average — driven by pharmacy, outpatient care and professional services. The presenter said paid medical and…
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