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Board approves 6% increase to employee medical premiums for 2025–26

AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Gilbert Public Schools Governing Board approved a recommendation from the Employee Benefits Trust to raise medical premiums 6% for the 2025–26 plan year; the change increases district budgeted expenses by $1,292,612 and follows plan-design changes that reduce an actuarial increase of about 11.8% to the recommended 6%.

The Gilbert Public Schools Governing Board voted to approve a 6% increase in employee medical insurance premiums for the 2025–26 plan year, the board heard on Feb. 25.

Associate Superintendent of Business Services Bonnie Betts told the board the premium change drives a $1,292,612 increase in budgeted district expenses and that the actuarially determined increase—including plan design changes—would have been about 11.8% without the adjustments. Betts also said the Employee Benefits Trust expects a potential drawdown of reserves of approximately $1,525,000.

The recommendation originated from the district's employee benefit review process and was presented as a package that…

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