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Lakeville board approves medical and dental renewal with 15% projected medical-premium increase
Summary
Trustees voted to renew the district's self-funded medical plan with Blue Cross Blue Shield and add new pharmacy benefit managers, projecting about $2 million in annual savings while approving a 15% aggregate premium increase to rebuild reserves; Delta Dental recommended with a 3% increase.
The Lakeville Area Schools board approved a recommendation to renew the district's medical and dental coverage and to add pharmacy benefit managers, a move staff said would both lower some costs and help rebuild the district's self-funded claims reserve.
The district's consultant with National Insurance Services recommended retaining Blue Cross Blue Shield as the medical carrier and adding CuraScript Specialty and Express Scripts as the pharmacy benefit manager. The…
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