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MMSD opens health-insurance RFP; early-termination penalty, premium scale loom in decision
Summary
District staff detailed a health-insurance RFP timeline, potential carrier responses and a contract clause that could cost roughly $23'$24 million if MMSD exits its incumbent carrier before July 1, 2027. HR expects bids Dec. 15, market results in January and a board decision by March for possible April 1 implementation.
Madison Metropolitan School District staff and benefits consultants told the operations work group they have launched a health-insurance request for proposals (RFP) that could reshape the district's employee coverage, but cautioned a legacy contract may impose a large early-termination cost if the district opts to leave an incumbent carrier before July 2027.
Rachel Carabell, the district benefits manager, said the RFP window opened in October, bids are due by Dec. 15 and M3 will share market results with district staff in early January. The plan was to return to the committee in February and ask the board to act by March to meet…
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