On August 2, the Mission Consolidated Independent School District (MCISD) Board of Trustees unanimously approved a Health, Dental, and Group Life Insurances “Employee Benefits Programs” that is projected to save the district more than $1.9 million annually. Individual employees will also see a range of savings based on their selected plans and voluntary coverage options.
Under the Health Insurance, for example, the Self-Funded Administration Recommendation remained with Blue Cross Blue Shield of Texas while changing the Pharmacy Benefit Manager to Prime Therapeutics LLC (Prime), a pharmacy benefit manager (PBM) owned by Blue Cross and Blue Shield companies, resulting in a savings of $375,449 a year to MCISD.
In the voluntary Dental plan, the Board approved the change to Aetna, which provides enhanced benefits at a lower cost and with a stronger network to give employees more choices when selecting a provider. Other products also had rate decreases and coverage enhancements.
The Board is making sure that employees receive the best available health options at the best possible price.