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Board raises employer medical contribution to meet federal affordability rule; estimated $104,072 cost

Gainesville Independent School District Board of Trustees · August 19, 2024
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Summary

To comply with the Affordability Care Act, Gainesville ISD will increase employer medical contributions from $291.66 to $382 for 2024–25; estimated additional employer cost for affected staff is $104,071.68, dependent on staff participation.

The board approved an increase in the district’s employer medical contribution from $291.66 to $382 to comply with the federal Affordability Care Act.

District staff estimated the change would cost roughly $104,071.68 to ensure insurance affordability for 96 PP1–PP4 and Aux 1 staff; the actual cost may vary based on employee participation in the benefit plan. Latecia Hendricks moved to approve the proposed increase and Marvin Royal seconded; the motion passed 7–0.