The Bossier Parish School Board convened on July 17, 2025, to discuss key updates regarding the group health plan's reinsurance policy. The meeting focused on the renewal terms with BCS, the current provider since February 2021.

The board highlighted that BCS had previously offered a significantly lower renewal cost compared to prior carriers, saving the district approximately $100,000 in 2021. Over the years, the district has experienced minimal premium increases, with a 4% increase proposed for the upcoming year, amounting to an additional $66,000. Notably, in 2023, the district received a refund of $185,000 due to the addition of an experience refund rider, which allows for premium returns in favorable years.

The renewal proposal for 2025 includes maintaining the experience refund rider and introducing a new laser guarantee. This guarantee ensures that the reinsurance premium cannot increase by more than 50% due to ongoing medical conditions, providing additional financial protection for the school board.

The board's recommendation is to accept the renewal from BCS, continuing with the $400,000 deductible. This decision aims to secure stable health coverage while managing costs effectively in the face of rising medical expenses. The meeting concluded with a consensus to move forward with the proposed terms, ensuring the district's health plan remains sustainable and responsive to the needs of its members.