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Iowa school district turns to defined contribution for health insurance

Posted On: Dec. 22, 2022 10:00 AM CST

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.