Admin

Approval of 2019-2020 Contract for Health Insurance Services

P.O. Drawer 140, 100 Central Circle

Low Moor, VA  24457

540-863-1800          540-863-1804 fax

 

DATE:   March 18, 2019   

 

ACTION ITEM

 

SUBJECT

Health Insurance Provider

RATIONALE

The Commonwealth of Virginia’s The Local Choice health benefits program provides medical, dental, vision, and wellness coverage to local governments and school divisions. Alleghany County Public Schools has been a participant in this program since 2010. The FY2020 premiums reflect an average increase of 3.3%, but the increases do vary by type of plan. Application to continue in the program for fiscal year 2020 must be received by the Virginia Department of Human Resource Management no later than April 1, 2019. The administration recommends that the school division continue to participate in The Local Choice and to continue to offer the Key Advantage 250 plan, the Key Advantage 1000 plan, and the High Deductible Health Plan/Health Savings Account plan.

ESTIMATED COSTS

Additional FY2020 estimated costs of $12,192.

BUDGET CATEGORY

Personnel benefits

LEGAL REFERENCE

N/A

STAFF CONTACTS

Keven Rice

SUPERINTENDENT’S

RECOMMENDATION

Recommended

 

Attached – Summary of fiscal year 2020 insurance rates and employee impact.