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Board approves 14.75% health‑insurance premium increase and a lower‑cost high‑value option
Summary
Trustees approved a 14.75% medical premium increase for the district's self‑insured plan for FY27 and added a high‑value, non‑Mayo network option for employees that is roughly 5% cheaper for the high‑deductible plan; dental, vision and LTD renewals were approved with no increases.
The Albert Lea School Board approved a recommended renewal for the district's employee medical insurance that sets a 14.75% premium increase for the Blue Cross Blue Shield plan for fiscal year 2027. The action also authorizes offering a new high‑value, non‑Mayo network side‑by‑side with the high‑deductible plan and accepts renewals for dental, vision and long‑term disability with no premium increases.
Mr. Durban (district staff) introduced…
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