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USI briefed assembly on health‑plan performance and renewal; stop‑loss exposure discussed
Summary
USI presented combined borough‑district health‑plan performance through March 2026 (≈103.5% of budget), stop‑loss renewal negotiations and plan‑design options; consultants warned run‑out exposure if the district leaves self‑funding and urged careful review of plan design alternatives.
USI consultant Matt Lewis presented a review of the borough and school district’s combined health insurance plan, reporting year‑to‑date combined claims at roughly 103.5% of budget through March and outlining stop‑loss renewal outcomes obtained earlier this spring.
Lewis said the plan produced a surplus in the prior full policy year and Sun Life was retained as the…
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