INSURANCEONGOING

MEA Benefits Trust Health Premiums Shape FY 2026 Budget

The Bangor School Department’s FY 2026 budget reflects health insurance coverage through MEA benefits trust with a finalized premium increase of 7.1%. The reduction from the initially projected 14% increase enabled a $541,000 decrease in overall budgeted expenditures.

Document date · April 30, 2025

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WithersRavenel logo
Derivita logo
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Scope & details

The full contract record, as filed.

Contract type
INSURANCE
Contract term
FY 2026
Renewal date
2026-06-30
Renewal
Health insurance coverage through MEA benefits trust continues into FY 2026 with a negotiated 7.1% premium increase instead of the initially projected 14%. Future renewals will depend on annual rate-setting by the trust.
Document type
Budget
Source document
bangor-school-department-fy-2026-budget-workshop-agenda_112.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by City of Bangor?

Mea Benefits Trust was awarded this insurance contract by City of Bangor, as recorded on April 30, 2025.

What type of contract is this?

This is a Insurance contract, documented as a budget record.

Where was this contract approved?

This contract appears in bangor-school-department-fy-2026-budget-workshop-agenda_112.pdf (Budget), dated April 30, 2025 from City of Bangor. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Mea Benefits Trust hold?

Mea Benefits Trust may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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