July 23, 2012
For Immediate Release
Contact: Michelle Berryman, WEA Trust
Suring, WISCONSIN—Five school districts in Northeastern Wisconsin found an innovative way to provide employees health insurance while working with a longstanding partner to save taxpayers money. With the help of the WEA Trust, a Wisconsin not-for-profit insurer, the local school districts—Beecher-Dunbar-Pembine, Bonduel, Crivitz, Goodman-Armstrong, and Suring—formed an insurance purchasing consortium effective July 1, 2012.
The savings realized by the districts who joined the consortium was over $250,000. This represents a savings of over five percent for the districts.
“The consortium allows us to spread out our risk, create stability for future renewals, and work to lower our district’s claims with wellness solutions provided by the WEA Trust. Joining together to purchase our insurance helps us keep resources in the classroom and focus on teaching our students in the same fashion of excellence that Suring is known for,” said Robert Ray Suring Area School District Superintendent.
After a rigorous review process, the participating districts agreed to the WEA Trust proposal based on the following competitive advantages:
- Better overall pricing
- Better 2nd year not-to-exceed rate cap
- Statewide and national network
- COBRA Administration and Waiver of Premium included
- Multi-tiered prescription drug plan that rewards employees for choosing cost effective prescriptions
“The WEA Trust has proven success in creating purchasing coalitions including most recently for the Lakeland Area, CESA 8, Door Kewaunee, and Walworth County. We are devoted to developing high quality, yet cost-effective solutions for Wisconsin school districts in these fiscally challenging times, as we have been for over 40 years,” said Kathryne McGowan, Vice President of Marketing and Product Development, WEA Trust.
Other school districts in the area may be eligible to join the consortium and also realize savings.