Three-Year IBC Medical Insurance Renewal Proposed
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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.
More from IBC
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Downingtown Area SD Agenda 2026-06-10 Board Meeting Agenda 2026-06-10
Downingtown Area SD Agenda 2026-06-10 Board Meeting Agenda 2026-06-10
Downingtown Area SD Agenda 2026-06-10 Board Meeting Agenda 2026-06-10
Downingtown Area SD Agenda 2026-06-10 Board Meeting Agenda 2026-06-10
Downingtown Area SD Agenda 2026-06-10 Board Meeting Agenda 2026-06-10
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