Cecil County Public Schools has taken a significant step in securing its healthcare coverage by approving a contract with Aetna for stop loss insurance. This decision, made during the board meeting on August 6, 2025, ensures that the self-insured medical and prescription drug plans will have additional financial protection against high-cost claims starting September 1, 2025.
Dr. Lawson, a key figure in the discussion, emphasized the importance of this insurance, stating that it acts as a safety net for the school system when individual claims exceed a certain financial threshold. The board unanimously supported the recommendation, highlighting a proactive approach to managing healthcare costs for employees.
In addition to the insurance contract, the meeting also covered updates on the fiscal year 2025 budget. Ms. Sopa presented a budget amendment that included adjustments to revenue and expenses, notably an increase of $2,293,223. This amendment reflects changes in medical assistance funding and the implementation of GASB 84, which requires the recognition of student activity funds in financial statements. The board approved this amendment, further solidifying the financial framework for the upcoming fiscal year.
The meeting concluded with a public participation segment, allowing community members to engage with the board, although only one speaker was present. Overall, the decisions made during this meeting are set to enhance the financial stability and healthcare provisions for Cecil County Public Schools, ensuring better support for its staff and students.