October 1, 2022

Rocky Daily News

Colorado Politics-Sports-Business-Weather

How a Colorado Springs school co-op saves hundreds of thousands of dollars in health insurance costs

1 min read

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Pat Bershinsky has gifted his nearly 220 staff members $1,000 every Christmas for four years and once again gave bonuses this summer.

The leader of one of Colorado’s school cooperatives has the extra cash because of a decision he made four years ago on employee health care. Bershinsky, executive director of the Pikes Peak Board of Cooperative Educational Services, or BOCES, has built up nearly $700,000 in the employer’s health care account that is used to pay claims and administrative costs. The partially self-funded health insurance model is making a huge financial difference to the BOCES, which serves about 20 districts in the Colorado Springs area, at a time when health care costs are rising.

“You don’t have to do the same thing over and over again, whether it’s health care…

Erica Breunlin

2022-08-16 04:30:00

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