Standard Recommended for 2026-27 Employee Benefit Coverage
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Description
The Durand-Arkansaw School District administration recommends awarding the 2026-27 life, short‑term disability, and long‑term disability benefits contract to Standard under Option 1 without COLA. The change from the current provider, Madison National, is expected to generate net first‑year savings of about $9,000 after a breach‑of‑contract penalty.
Contract Details
Vendor
STANDARD
Agency
Durand School District, WI
Contract Type
INSURANCE
Document Date
April 15, 2026
Contract Term
2026-27 plan year (effective July 1, 2026 – June 30, 2027)
Renewal Date
2027-06-30
Renewal Info
New carrier for 2026-27 with Option 1 without COLA; prior coverage was with Madison National and includes an approximate $3,000 early-termination penalty. Future renewals would follow the district’s annual benefits cycle.
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Durand-Arkansaw School District Board Meeting Agenda May 2026
Durand School District Board of Education Meeting Agenda April 2026
Durand School District Board of Education Meeting Agenda April 2026
Durand School District Board of Education Meeting Agenda April 2026
Durand School District Board of Education Meeting Agenda March 2026
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