INSURANCEAPPROVED

Altoona Area SD Agenda Regular School Board Meeting 2026-06-15

Stop Loss Insurance Contract Approved

$43.90 PEPM Specific Stop Loss + $3.30 PEPM Aggregate Stop Loss ($47.20 total); Max annual $11,807,886Altoona Area SDVAULT STRATEGIES/FIDELITY SECURITY LIFEJune 15, 2026

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Description

Altoona Area School District approved a stop loss insurance contract with Vault Strategies/Fidelity Security Life at a total rate of $47.20 PEPM and maximum annual liability of $11.8 million.

Contract Details

Contract Amount

$43.90 PEPM Specific Stop Loss + $3.30 PEPM Aggregate Stop Loss ($47.20 total); Max annual $11,807,886

Vendor

VAULT STRATEGIES/FIDELITY SECURITY LIFE

Agency

Altoona Area SD, PA

Contract Type

INSURANCE

Document Date

June 15, 2026

Issuing Agency