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Health Advisory Committee reviews July claims, notes rising composite costs
Summary
LP Insurance reported July 2025 paid claims totaling $1,118,005 and net plan costs of $1,216,635; committee noted upward trend in composite cost per employee and four large claims tracked in July, two exceeding the $275,000 stop‑loss deductible.
Nate Kerr of LP Insurance reported paid claims for July 2025 to the Douglas County School District Health Advisory Committee, saying total claims for the month were $1,118,005 and net plan costs were $1,216,635. He highlighted that employee claims were $627,358 (cost per employee $835) and dependent claims were $490,647 (cost per dependent $2,585); the average composite cost per employee was $1,488, a figure the committee noted is trending upward.
Kerr also presented the large‑claims report: four large claims were recorded in July, and two have exceeded DCSD’s $275,000 stop‑loss deductible and will qualify for stop‑loss reimbursement. The committee reviewed the incurred‑but‑not‑reported (IBNR) estimate for July, which was $1,143,192, and discussed the implications for reserves and budget planning ahead of upcoming School Board reporting and fall meetings.
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