BCI Finances ISBT Claims via Surplus Note Agreement
Lakeland Joint School District 272School · Rathdrum, ID- Disclosed value
- Repayment of financed claims at $21.74 per member per month; approximately $13 million additional district contributions overall
- From report
- Document date
- Sep 1, 2026
The 30-second brief
Blue Cross of Idaho and the Idaho School Benefit Trust entered into a claims financing agreement in which BCI issues a surplus note to cover unpaid medical claims. Member districts will repay the financed amount through $21.74 per member per month over renewable one-year terms until the obligation is satisfied.
Blue Cross of Idaho holds this financial services contract with Lakeland Joint School District 272. Its other public contracts on record include work for Bruneau-Grand View Joint School District 365 and West Jefferson School District 253.
Term as filed: Repayment structured as one-year agreements, renewed annually until financing is paid off.
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Contract details
- Contract type
- Financial Services
- Amount
- Repayment of financed claims at $21.74 per member per month; approximately $13 million additional district contributions overall
- Document date
- September 1, 2026
- Term
- Repayment structured as one-year agreements, renewed annually until financing is paid off
- Vendor
- Blue Cross of Idaho
- Source document
- Idaho Department of Insurance FAQ Idaho School Benefit Trust Insolvency 2026-09-01 (Report)
Blue Cross of Idaho's other public contracts
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Questions about this contract
Who was awarded the financial services contract by Lakeland Joint School District 272?
Blue Cross of Idaho was awarded this financial services contract by Lakeland Joint School District 272, as recorded on September 1, 2026. The contract value is Repayment of financed claims at $21.74 per member per month; approximately $13 million additional district contributions overall.
How much is the Blue Cross of Idaho contract with Lakeland Joint School District 272 worth?
The Blue Cross of Idaho contract with Lakeland Joint School District 272 is valued at Repayment of financed claims at $21.74 per member per month; approximately $13 million additional district contributions overall, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a report record.
Where was this contract approved?
This contract appears in Idaho Department of Insurance FAQ Idaho School Benefit Trust Insolvency 2026-09-01 (Report), dated September 1, 2026 from Lakeland Joint School District 272. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Blue Cross of Idaho hold?
Blue Cross of Idaho may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Lakeland Joint School District 272 currently buying?
Explore Lakeland Joint School District 272's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.