Employee Benefit Trust Meeting 5/21/26

The Yuma School District One Employee Benefit Trust meeting held on May 21, 2026, focused primarily on reviewing the district's employee health insurance claims and plan renewals. Financial presentations highlighted a 98% loss ratio year-to-date through April, with claims spending around $9 million compared to a fully insured equivalent of $9.3 million. The district discussed prior year runout claims totaling approximately $2 million and noted reimbursements from stop-loss coverage. The board approved renewing contracts with incumbent carriers for medical and pharmacy services, including continuing with Blue Cross network and Feros RX as the third-party administrator. Notable changes included discontinuing a high deductible plan in favor of PPO plans and increasing life insurance benefits without premium increases. The district also joined an Arizona health pool, which provides a compliant self-funded trust structure and stop-loss program. No new contracts or procurement actions were taken during the meeting, but the discussion reflected ongoing management of employee benefits and insurance vendor relationships.