LPSB - Board Insurance Committee Meeting - July 23, 2026

The Lafayette Parish School System Board Insurance Committee met on July 23, 2026, to discuss several procurement and contracting matters related to employee health insurance and wellness programs. Key topics included a presentation by Kelly Cox of HIC Holding Corps on direct-to-employer contracting strategies aimed at securing better rates and controlling healthcare spending through partnerships with local providers. The committee reviewed comparative claims performance data from 2025 and early 2026, showing promising cost savings and improved fund balance prospects. Additionally, Tria Health presented on their pharmacy advocacy program, highlighting clinical and financial benefits, including medication optimization and chronic condition management, which contributed to a 2.4:1 return on investment in 2025. The committee also examined the Medicare Advantage plan renewal with Humanana, discussing premium increases, benefit enhancements, and a proposed increase in wellness incentive credits from $250 to $500. The committee voted to recommend approval of the Humanana decoupled Medicare Advantage plan and the enhanced wellness incentive program to the full board. Discussions included clarifications on consulting fees for direct contracting and the local presence of consultants. Overall, the meeting focused on evaluating and approving health insurance contracts, vendor performance, and wellness program funding to optimize healthcare benefits and cost savings for the district.