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Board discusses rising health-care costs and whether to keep EPO option; no immediate decision
Summary
Trustees heard an update on the district—s health-care trust showing mixed funding ratios across plans and discussed the higher-cost EPO option, which staff said other districts are dropping; administration will analyze renewal options and present recommendations at February or March meeting.
District finance staff presented the board with a mid-year financial and health-care trust update at the Jan. 27 meeting, highlighting that total medical claims were running at a slight deficit for the plan year and that the EPO plan in particular showed a high funding deficit.
The administration reported the health-care trust—s assets (including investments) were a little over…
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