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INSURANCERENEWED

Downingtown Area SD Agenda Committee of the Whole 2026-05-27

Three-Year IBC Medical Insurance Renewal Proposed

Year 1: $43.81 per participant per month; Year 2: $44.90 per participant per month; Year 3: $46.03 per participant per monthDowningtown Area SDIBCMay 27, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Board will consider a three-year renewal with IBC for employee medical insurance, starting at $43.81 per participant per month in year one with modest increases in years two and three. The agreement provides continued health coverage with predictable rate adjustments.

Contract Details

Contract Amount

Year 1: $43.81 per participant per month; Year 2: $44.90 per participant per month; Year 3: $46.03 per participant per month

Vendor

IBC

Agency

Downingtown Area SD, PA

Contract Type

INSURANCE

Document Date

May 27, 2026

Contract Term

Three-year renewal

Renewal Date

2029-06-30

Renewal Info

Three-year renewal with scheduled per-participant monthly rate increases: 5% in year one and 2.5% in years two and three.

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