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La Grange D105 board votes to switch insurance to Educational Benefit Cooperative, cites $591K projected savings
Summary
The La Grange Elementary School District 105 Board approved joining the Gallagher Educational Benefit Cooperative for FY27 health benefits, projecting a lower renewal (13.7%) versus 30% from the current broker and a district savings of $591,388.
The La Grange Elementary School District 105 Board on March 23 approved transitioning its employee health plans to the Gallagher Educational Benefit Cooperative (EBC) for the 2026–27 plan year. District presenter Steven Smidle laid out renewal scenarios showing a projected FY27 cost of $4,251,035 under EBC (13.7% increase) compared with a projected $4,842,423 (30% increase) under the district's current broker, Brown & Brown—yielding a projected savings of $591,388.
Smidle told trustees that current plan designs, HSA/FSA vendor relationships (First American Bank, Ameriflex), and First Stop Health services would continue under the EBC transition; employees would receive new ID cards and deductible allocations would carry over, the minutes state. The board approved the change on a unanimous roll-call vote.
Board members said the move aligns the district with neighboring feeder districts and reduces near-term premium volatility; district staff and the insurance committee recommended the transition after reviewing competitive proposals. District staff will proceed with implementation steps for enrollment and vendor notifications ahead of the FY27 plan year.
