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Board signs on to EBC insurance renewal as PPO rates rise about 7.9%
Summary
Prospect Heights SD 23 voted to continue participation in the Educational Benefits Cooperative for medical, dental, HMO and life insurance; projected PPO rates increase about 7.9% for 2025–26 and district PPO loss ratio was reported at 109.8%.
The Prospect Heights School District 23 Board approved participation in the Educational Benefits Cooperative (EBC) renewal for 2025–26 after a Finance Committee review of projected rate changes. Assistant Superintendent for Finance & Operations Amy McPartlin presented final renewal figures at the March 19 EBC meeting and summarized expected changes for the coming plan year.
McPartlin reported an expected PPO medical rate increase of about 7.9% (district PPO loss ratio 109.8%), an HMO projection increase of 0.2% (district loss ratio 47%), and a dental adjustment of roughly 4.0% (district dental loss ratio 96.8%). Life and AD&D rates are guaranteed with no increase through June 30, 2027, per the EBC underwriting information. Following committee discussion, the Board voted to approve continuation of the district’s participation in the EBC pool; the approval was moved by Kevin Novak and seconded by Mari‑Lynn Peters and carried unanimously.
McPartlin said the district will continue evaluating coverage options and cost‑saving measures due to the PPO loss ratio exceeding 100 percent, noting the cooperative still provides purchasing scale and risk pooling benefits.
