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Board OKs small increase in employee health insurance contribution rate

Bolivar R-I School District Board of Education · March 14, 2025
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Summary

Trustees approved raising the district’s defined contribution toward employee health insurance from $5.35 to $5.50 per employee for the 2025–26 plan year, an estimated additional district expense of about $67,500 if all eligible staff enroll.

The Bolivar R‑I School District board on its March meeting approved a slight increase to the district defined contribution for employee health insurance, raising the contribution from $5.35 to $5.50 per eligible employee for the 2025–26 fiscal year.

Chelsea Aberdand, speaking for district financial planning, presented year‑to‑date figures and the proposed change. Aberdand said the district has roughly $27.6 million in revenue and $26.7 million in expenditures as of Feb. 28 and proposed increasing the per‑employee contribution so the district would absorb most of the base PPO premium next year. Aberdand said the $5.50 contribution would increase the district’s cost by approximately $67,500 if all eligible staff enroll.

Board members asked about timing for rebidding health insurance and customer service considerations; staff said the district typically issues an RFP in January and plans to evaluate vendor options on a multi‑year cycle. Trustees debated cost, benefits and employee service levels before voting by voice to approve the change.

Next step: The approved $5.50 defined contribution will be applied for the 2025–26 open‑enrollment process and staff will continue evaluating vendor options ahead of future plan years.