Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Employee Benefits topic
No spam. Unsubscribe anytime.
Insurance committee: health premiums rose just over 15% as Board considers plan-design changes
Summary
At the May 11 insurance subcommittee meeting reported to the Board, representatives said health insurance premiums rose just over 15%, prompting the district and unions to review plan design and potential cost-savings measures such as a smaller PPO network or carving out GLP1 drugs.
Board member Joanne Marsden reported out of the Insurance Sub-Committee that the district's health insurance renewal shows a cost increase slightly over 15%—the largest jump in nearly a decade—and that the SEA and PSRP contracts require reviewing plan-design changes and potential savings when increases exceed 15%.
Marsden said the committee asked EBC to return in the fall with data to evaluate options including a smaller PPO network and carving out GLP1 (weight-loss) drugs to reduce costs; any changes would target the July 1, 2027 renewal and would follow the district's past process for evaluating savings measures.
