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Board rejects immediate broker hire, authorizes RFP for third-party administrator and PBM for district health plan
Summary
Following committee discussion, trustees voted down hiring an outside broker/consultant and instead authorized administration to issue an RFP for a third-party administrator and pharmacy benefit manager for the district's self-funded health plan.
After an extended workshop-and-meeting discussion, the Weslaco ISD Board on April 20 declined a motion to hire an outside benefits broker/consultant to manage the district's self-funded health plan but approved a motion authorizing administration to issue a district RFP for a third-party administrator (TPA) and a pharmacy benefit manager (PBM).
The benefits committee had previously reviewed several options, including continuing the work underway with an existing…
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