However, based on district data, officials expect employees to pay a total of $1.7 million more in premiums compared to last year, bringing the new total for premiums paid by employees to $11.7 million, documents show. The amount the average employee will pay in increases was not immediately available.
The overview
The district proposed an $11 monthly contribution increase for all employees in CCISD. All plans, except for the Active Care 2 plan, will see a contributed increase from the district in monthly health care premiums, according to district documents.
According to district documents, the health insurance premium contributions from the district will be at the following rates:
- $335 per month for employee-only coverage
- $395 per month for employees and spouses
- $370 per month for employees and children
- $420 per month for family coverage
The Texas Retirement System of Texas board of trustees approved the health insurance premium rates for fiscal year 2024-25 at its May 3 meeting. The board also voted to allocate additional funding for all plans to keep premium increases below 10%, according to district documents.
The district’s $11 monthly increase proposal allows it to remain compliant with the affordability provisions established in the Affordable Care Act for its employee-only plans, according to district documents.
The main premise of the act is to make health insurance affordable for more people, according to the U.S. Department of Health and Human Services.
The cost
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This increase will cost the district an annual amount of $12.8 million through general funds, according to district documents.
This is an increase of about $400,000 compared to last year, as the district paid an annual amount of about $12.4 million for health care premium contributions, according to district documents.
Quote of note
“We felt pretty strongly that if we do something for one group of employees we should do it for them all, so I’m glad we found a way to make that happen,” board trustee Scott Bowen said at the meeting.
