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Mercedes ISD approves stop-loss insurance renewal with ISU SA Benefits; insurer offers 1% premium decrease
Summary
Trustees unanimously approved renewal of stop-loss insurance presented by Roger Garza; the presenter said the company was offering a 1% decrease in the premium rate for 2024–25.
The Mercedes ISD board unanimously approved a renewal of the district's stop-loss insurance as presented by Roger Garza. Garza told trustees the renewal would be with ISU SA Benefits and that "the company was offering a 1% decrease in premium rate." The board approved the item on a unanimous vote.
The administration recommended approval and the vote was recorded as unanimous. No contract dollar amounts, term details, or implementation steps were recorded in the minutes; administration is responsible for carrying out procurement and renewal paperwork.
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