APSB Insurance Committee Meeting 6.2.26

The Ascension Public Schools Insurance Committee convened on June 2, 2026, to review and approve several insurance-related contracts and renewals. Key procurement discussions included the renewal of the district's health insurance plan, which showed favorable cost trends compared to national averages, with a total projected fiscal year cost of approximately $59.6 million. The committee approved the renewal of health insurance coverage without passing increased costs onto employees. Additionally, the committee approved the renewal of vision insurance with Ameritas, basic life and AD&D insurance with Standard Life despite a 25% premium increase, and voluntary supplemental life insurance at no cost change to employees. The workers' compensation insurance was also reviewed, with a recommendation and subsequent approval to renew with Summit due to cost savings and satisfactory service. Finally, the student accident insurance renewal was approved with a noted increase in claims-related costs. Motions for all renewals were passed unanimously, reflecting the committee's focus on maintaining comprehensive insurance coverage while managing costs effectively.