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Board moves to join Educational Benefit Cooperative for employee medical/dental coverage
Summary
After committee review of insurance options, the board authorized membership in the Educational Benefit Cooperative (EBC) with staff recommending the EBC option for lower renewal increases compared with current plan and alternatives.
The district's insurance committee reviewed renewal quotes from Blue Cross Blue Shield of Illinois (current plan), NIHIP and the Educational Benefit Cooperative (EBC). Committee materials presented renewal-comparison figures: BCBSIL projected a 10% medical increase and 7% dental; NIHIP quoted 16.5% medical and 9% dental over current rates; EBC quoted 3.5% medical and 3.9% dental over current rates.
After multiple committee meetings, the insurance committee recommended moving forward with membership in EBC effective Dec. 1, 2024 when the district's current BCBSIL plan expires. The board reviewed the EBC contract and by-laws and voted on a resolution authorizing membership. The packet includes the EBC contract/by-laws and a drafted board resolution authorizing acceptance of the EBC contract and by-laws.
Provenance: topicintro SEG 1399, topfinish SEG 1411
