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Board hears budget warning: health insurance costs could rise about $40,000 monthly
Jackson Township Board of Education · December 18, 2025
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Summary
The budget committee reported brokers told the district its self-insured stop-loss premium could increase by approximately $40,000 per month (roughly a 23% projected increase in health costs for 2026–27) due to high-dollar claims and prescription cost growth.
During the budget and finance committee report, Mrs. Gardella said the district’s insurance brokers projected the district will see about a $40,000 monthly increase in stop-loss premium for its self-insured plan, driven by high-dollar claims and a rise in…
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