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Two Rivers board votes to shift district health plan to self-funded model, funds one-time HSA seed
Summary
The Two Rivers Public School District board voted to move from a fully insured health plan to a self-funded model and to convert district HRA dollars into one-time Health Savings Account (HSA) contributions ($1,500 family / $700 single) for employees, following presentations from USI benefits consultants.
The Two Rivers Public School District board voted on May 16 to transition its employee health coverage from a fully insured plan to a self-funded model and to direct a one-time district contribution into employees’ Health Savings Accounts (HSAs).
The board’s action follows presentations by USI benefit consultants Ran Bodri and Pete Dur, who told trustees the district had faced repeated, unsustainable rate increases under fully insured plans and had “to do something different” to manage long-term costs and claims cycles. Ran Bodri said the consultants reviewed high-cost claims,…
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