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Board approves HSA deductible adjustment; consortium will front‑load funds for affected employees
Summary
Following an IRS requirement, the HILLSBORO R-III Board approved a change to the district's embedded HSA plan so the minimum high‑deductible thresholds are met; the consortium agreed to advance funds so any employee exceeding prior caps will be made whole during a short implementation window.
The HILLSBORO R-III Board approved a revision to its HSA-qualified plan after administrators described an IRS requirement affecting embedded family deductibles.
Speaker 2 explained that the district’s embedded family plan structure requires a minimum threshold for a plan to qualify as an HSA-eligible 'high-deductible' health…
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