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District hears detailed briefing from Avail Benefits on self-funding, Fleet trust and risk-sharing readiness
Summary
Avail Benefits representative Darren Bridal briefed the Hardee County School Board on the district—s self-funded benefits program, Fleet trust market checks, and steps required to qualify for risk-sharing; he cited market comparisons, reserve metrics and potential cost impacts of returning to a fully insured plan.
Darren Bridal of Avail Benefits told the Hardee County School Board that the district—s employee benefits program is currently self-funded under a Fleet (formerly fSHIP) trust arrangement and that Fleet conducts market checks for network and administrative pricing.
Bridal said Fleet—s recent market check found UMR about 3–4% cheaper on average for provider pricing and that Fleet—s purchasing power and group pharmacy contracting provide savings compared with seeking coverage alone. He…
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