INSURANCEONGOING

District Faces One-Time $101K SchoolCare Reserve Charge

The Northumberland School District reports a required $101,269.34 payment to SchoolCare to replenish health insurance reserves after unusually high claims. The district is evaluating whether to fund the one-time charge from prior-year fund balance or its 5% retained fund balance, with related amendments to state financial reports.

Document date · October 14, 2025

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TerraCycle logo
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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
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Scope & details

The full contract record, as filed.

Contract amount
$101,269.34
Contract type
INSURANCE
Contract term
One-time required payment equal to 12% of current enrollment (~1.5 months of premiums) during FY 2025-2026
Renewal
Existing health insurance coverage for FY 2025-2026 remains at current rates; a larger-than-normal rate increase is anticipated for FY 2026-2027 but has not yet been finalized. The $101,269.34 assessment is a one-time reserve replenishment tied to recent claims experience, not a recurring premium.
Document type
Report
Source document
Stratford School District Business Administrator Board Report 2025-10-14

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by Stratford School District?

SCHOOLCARE was awarded this insurance contract by Stratford School District, as recorded on October 14, 2025. The contract value is $101,269.34.

How much is the SCHOOLCARE contract with Stratford School District worth?

The SCHOOLCARE contract with Stratford School District is valued at $101,269.34, covering insurance work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Stratford School District Business Administrator Board Report 2025-10-14 (Report), dated October 14, 2025 from Stratford School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does SCHOOLCARE hold?

SCHOOLCARE 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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