Committee reviews September claims data; IBNR estimated at $1,021,937
LP Insurance presented September 2025 claims and cost-per-member figures: total monthly claims $670,719; employee claims $498,842; dependent claims $171,877; average composite cost per employee $922; estimated IBNR $1,021,937.
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LP Insurance presented paid claims through September 2025 and noted that Maxor data for October was not yet available. For September the report recorded total monthly claims of $670,719, with employee claims of $498,842 (cost per employee $686) and dependent claims of $171,877 (cost per dependent unit $904). The average composite cost per employee for the month was $922.
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