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Member, Beacon International Group, Ltd.
School boards across Connecticut are facing significant insurance hikes in 2023-24 and no matter what plan a district chooses – state plan, private insurer or self-insurance – cost increases are almost unavoidable, reports the CT Examiner. Medical costs increased by approximately 8% to 9% in 2022, and numerous insurance providers raised their rates to offset losses, including the State Partnership Plan, which provided state employee health insurance to 160 boards of education and municipalities last year.