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Platteville operations committee weighs insurance renewal as M3 outlines three options
Summary
Benefits adviser M3 told the Platteville School District operations committee that renewing the district's Dean plan as‑is would mean a 21.9% premium increase; two alternative designs could lower that increase to about 17.2% or 14.9%, but each shifts different costs to the district or employees. The committee agreed to take options to the full board for decision.
M3, the district’s benefits adviser, presented the Platteville School District operations committee with three options for renewing the district’s health insurance, saying the baseline renewal would be a 21.9% premium increase while two alternative plan designs could reduce that increase to about 17.2% or 14.9% depending on how deductibles and cost‑sharing are changed.
Why it matters: The district’s projected share of HSA contributions and the premium increase together would raise the district’s health‑plan cost materially in the coming fiscal year; the committee was given a recommended timeline to decide before the end of April so staff can complete employee education and open enrollment ahead of a July 1 effective date.
What M3 presented: Bri Helenbrand, senior client executive and director of education & government at M3, reviewed the CISA 3 cooperative (a long‑running…
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