Law Allows Districts to Take Advantage of Federal Dollars for Employee Healthcare………………..
From: Constant Contact <noreply@constantcontact.com>
Date: Mon, Jun 10, 2024, 8:31 AM
Subject: Your campaign Law Allows Districts to Take Advantage of Federal Dollars for Employee Healthcare has been sent
To: <charlesluke43@gmail.com>
 |
| Dear CHARLES LUKE, Your campaign ‘Law Allows Districts to Take Advantage of Federal Dollars for Employee Healthcare’ was sent on 6/10/2024 around 9:30 AM EDT. |
| Subject: Law Allows Districts to Take Advantage of Federal Dollars for Employee Healthcare June 10, 2024 We have seen significant changes and developments in the school district health plan market over the last 20 years. Previous to that many districts were struggling to maintain good medical benefits for their employees. The advent of TRS Active Care, a State risk pool that could bring together most of the districts in the State and capitalize on cumulative numbers, backed up by State funds, seemed to offer a long term solution. Yet the sustainability and affordability of that program eventually came into question along with the dramatically rising cost-share for the employees, such that quite a number of districts chose to consider their exit from that plan. Subsequently some of the alternative plans have seen major cost-related challenges and these districts are in a quandary as to solutions. It is not an easy scenario. Yet one solution that may not be brought to the table is worthy of attention. The Individual Coverage Health Reimbursement Arrangement (ICHRA) is an employer group solution made possible by federal statute (2019) and regulation. The ICHRA additionally garners federal funds to assist in plan affordability for your employees. Here are some links that detail the origin and viability of this program: HRA Council Healthinsurance.org RiskManagers.us Key Points to consider: The Texas ICHRA pool has a participation of some 3.3 million subscribers. With 3.3 million members this is the largest insurance pool in Texas. Subscribers have from four to many more major insurance carriers to choose from (depending on locale) with 40 or more plans to choose from. Subscribers may choose among a variety of plans which are federally certified by county for network adequacy. The federal government has a vested interest in assuring the affordability of these plans going forward. The legal challenges have been exhausted & these plans have the unwavering commitment of the federal government. Employers may set their contribution level & the employee gets the greater of that or federal tax credit funding based on household income. Please take 2 minutes to watch this video which summarizes what ICHRA can do for your district: https://youtu.be/8LTuD3m0QYU CEF can provide a 20-minute presentation by Chas Pierce at your convenience. If you would like to learn more contact Dr. Charles Luke at charlesluke43@gmail.com or by phone at 940-768-8594. JOIN CEF IN OUR FIGHT FOR SCHOOL FUNDING HERE…. Coalition for Education Funding | 1212 Guadalupe Street Ste 801 | Austin, TX 78701 USUnsubscribe | Update Profile | Constant Contact Data Notice |
