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Consultant warns 8% renewal; district recommends ending retiree eligibility to avoid spike
Summary
A USI consultant told the East Troy board an initial health-plan renewal was +8% (about $170,000); administration recommended discontinuing direct-billed retirees from the district plan (effective 07/01/2024) to produce roughly a –1% renewal and save about $194,000. The board scheduled further closed-session review before any final action.
Al Yeager, a benefits consultant with USI, told the East Troy School District Board that an initial renewal for the district-sponsored health plan came back at about an 8% increase, representing “over $170,000” in additional premium. He said the carrier treats direct-billed retirees as a nonstandard population, which drives an upcharge; removing that group from the district plan would reduce the renewal to roughly -1%, a delta the consultant estimated at about $194,000.
"The rates were going up 8% in the initial renewal, which represents over $170,000 in…
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