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St. Lucie to explore joining FLEET trust aimed at lowering health‑insurance costs
Summary
The superintendent will recommend the district sign a participation agreement to let FLEET analyze district data as a first step toward potential self‑insurance. FLEET charges a one‑time $15,000 participation fee and a $20.75 per‑employee monthly fee; typical first‑year savings range 7–12% (about $1.9M–$3.3M for St. Lucie), according to presenters and committee materials.
Superintendent Dr. Prince said the district will bring a participation agreement to the board in March to allow the Florida Education Health Trust (FLEET) to analyze district data and propose whether a transition to self‑insurance could yield savings.
Dr. Wilde, who led the health‑insurance presentation, described FLEET as a nonprofit trust that pools multiple Florida school districts to gain…
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