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District staff recommend renewing medical plan with Sigma and ask board to raise monthly contribution
Summary
District benefits staff recommended renewing the self-insured medical plan with incumbent vendor Sigma, keep plan design largely unchanged (aside from IRS-required HSA deductible increases), and asked the board to raise its monthly contribution to $900 per employee, a $75 increase estimated to bring roughly $1.5 million into plan funding and about $1.1 million to the district budget line.
At an April work session, district benefits staff recommended renewing the Blue Springs R-IV school district's self-insured medical plan with incumbent vendor Sigma and asked the board to increase the district contribution to $900 per employee per month.
The presenter, identified in the meeting as Sean, said the district's self-insured medical plan covers about 1,900 members and includes an embedded deductible designed to protect families. Sean reported a 10.2% increase in per-member-per-year costs over the last 12 months, driven largely by prescription spending (now about 37% of plan costs)…
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