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Consultant warns of rising health-plan costs; Laredo ISD faces estimated $5 million gap for 2026 if no changes made
Summary
HUB International presented a quarterly health-plan update showing higher claims and pharmacy trend drivers; consultant estimated a potential $5 million shortfall for the 2026 plan year absent contribution or plan-design changes.
HUB International presented Laredo ISD's quarterly health-plan performance Sept. 4 and told trustees that the district faces rising claim costs and pharmacy trends that could create a multi-million-dollar shortfall for the upcoming plan year.
Patrick Avila, the consultant presenting for HUB International, reported that the district's total cost per employee per month for the recent fiscal period was $881.13 and that, with current expense trends and without plan-design or contribution changes, the district could face an estimated $5 million shortfall for…
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