Finance Committee: September 10, 2026

The Council Rock School District Finance Committee met on September 10, 2026, to discuss several financial and procurement matters, with a primary focus on the district's health insurance stop-loss policy for the 2026-2027 year. The committee reviewed detailed benchmarking data, claims trends, and the impact of high-cost medical and prescription claims on the district's stop-loss insurance premiums. They considered the current stop-loss deductible threshold of $325,000 per individual and evaluated potential increases to $350,000 or $400,000, using Monte Carlo simulations to assess cost savings versus risk exposure. The committee noted a significant 49.2% increase in stop-loss premiums, rising from approximately $1.5 million to $2.2 million, driven by escalating claims costs and market conditions. They discussed the financial implications for the district's self-insured health plan fund, which aims to maintain an $18 million balance, and the need to balance premium increases between the district and employees. The committee agreed to maintain the current stop-loss deductible level and not to self-insure catastrophic claims fully, acknowledging the challenges in the health insurance market and the importance of robust stop-loss coverage. No other procurement contracts or capital projects were addressed in this meeting.