Here's some good news for Weston taxpayers. The School District expects to save more than $1.3 million over the next two years on teacher health insurance, according to the Weston Forum. The savings, pegged at $640,000 by the end of the next school year, will result from more teachers choosing health savings accounts (HSA).
The Forum reports that Dr. Jo-Ann Keating, the district's director of finance and operations, said the HSA plan costs less because it requires more employee involvement in the claims process. Keating said the new plan would save money both for the town and for employees. Keating made the statements in a letter to Superintendent of Schools Jerome Belair.
In 2009-10, 36 employees selected HSAs. The town expected an additional 50 people to enroll for the 2010-11, but was surprised to see 205 employees and eight retirees sign up.
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