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CFISD negotiates lower voluntary insurance premiums; district projects savings for staff
Summary
District benefits staff told trustees that competitive procurement and consolidation of voluntary insurance brokerage produced premium reductions across several optional plans (life, disability, dental, vision and certain MetLife products). Staff said the district created about $280,000 in savings related to district‑paid basic life coverage and
Cypress‑Fairbanks ISD benefits staff told trustees at the May 1 work session that a recent procurement for voluntary insurance brokerage and vendor consolidation produced meaningful premium reductions for many optional employee plans.
Trustees heard staff describe negotiated reductions in voluntary plans including group life (Voya), disability, dental…
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