Iowa school district turns to defined contribution for health insurance

Red Oak, Iowa, school officials hope to reign in rising health insurance costs for the next school year by requiring employees to pay a set contribution amount for health insurance and allowing employees to shop for plans, reports KMA Land. The Red Oak School Board approved setting a defined district contribution for health insurance for all covered employees at the current levels for the 2023-24 school year, the report says. If health insurance costs increase, school district employees can select from among several plan options.