BASD adjusts post-employment health insurance plan - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Health/Employee Benefits News
Newswires RSS Get our newsletter
Order Prints
September 11, 2025 Newswires
Share
Share
Post
Email

BASD adjusts post-employment health insurance plan

RYAN PATTERSON, The Journal Times, Racine, Wisc.The Journal Times

BURLINGTON — The Burlington Area School District has changed its post-employment benefits with the aim of saving money.

The main difference is that retired educators will no longer be on a school district health insurance plan.

Instead, they will receive money from the district every month to purchase their own health insurance.

The change will go into effect July 1, 2026, after which the school district expects $12-16 million in savings over 30 years.

The BASD Board approved the changes during its July 14 meeting.

“This is the kind of leadership our taxpayers expect and deserve,” Taylor Wishau, BASD Board president, wrote in an email. “We approached this process like a business. We engaged staff, analyzed the data and delivered results. The projected savings of up to $16 million represent a major win for taxpayers, a long-term gain for staff and an important step forward in securing the financial health of our district.”

Taylor Wishau, BASD Board

Wishau

Post-employment benefit eligibility varies based on employee group and plan design, but employees must retire from BASD and work at BASD for several years to qualify.

According to BASD Superintendent Jill Oelslager, the changes were made after about a year of work with a consulting firm and a district group of 16 employees that included teachers, paraprofessionals, counselors, custodians and secretaries.

Oelslager said the district must balance saving money while still offering benefits that will make employees want to start and stay in the district.

“I’m proud of our team for doing a great job analyzing the current benefits package that we have right now and knowing that the goal was to save district dollars but still be a system that attracts teachers and employees to our organization,” Oelslager said. “You got to attract people but also still got to try to save dollars, so how do we do both of those things well?”

Jill Oelslager

Oelslager

She believes the change will balance those interests because it could help retired people who move out of health insurance coverage areas, for example.

“We don’t want it to come off like, ‘The district is just trying to kick people off of health insurance,’” Oelslager said. “Instead of having retirees on our health plan still, it’s simply giving them dollars to get their own health insurance instead. I think this is honestly going to be more beneficial to people. … If they’re getting dollars for their own insurance, they can move wherever they want and then get insurance that is in the network for them.”

Separate but related, Oelslager said the district is considering self-funding employee health insurance after its contract ends in January 2026.

“That is just another component that we’re trying to look at as cost-saving measures,” Oelslager said.

Six photos of Burlington HS 2025 graduation

About 210 students earned their diplomas Friday at Burlington High School.

BASD referendum info session

© 2025 The Journal Times, Racine, Wisc.. Visit www.journaltimes.com. Distributed by Tribune Content Agency, LLC.

Older

AM Best to Participate in Panel Discussion at 2025 Pacific Insurance Conference

Newer

Stagflation fears rise as inflation, jobless claims increase

Advisor News

  • Living longer, retiring poorer: Why fragmented systems are failing Americans
  • Women say their advisors respect them, but talk down to them
  • How PEPs compare with traditional 401(k)s
  • Allianz studies why 42% of Americans retire sooner than expected
  • Why advisors should be talking about life settlements
More Advisor News

Annuity News

  • Reframing retirement income for greater certainty
  • Jackson Introduces Dow Jones Industrial Average Index Option, Flexible Premiums, Six-Year Rate Guarantee in Latest Registered Index-Linked Annuity Launch
  • Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
  • NAIC regulators continue pushing for annuity illustration updates
  • Wink: Flat first-quarter annuity sales fall just short of $100B
More Annuity News

Health/Employee Benefits News

  • HYDE-SMITH BLASTS HEALTH CARE DELAYS AS INSURERS GET INBETWEEN PATIENTS AND THEIR DOCTORS
  • Report: Hospitals at risk Giles, Pulaski hospitals among those at risk of closure according to state report
  • Turning 65 brings Medicare enrollment choices
  • Turning 65 brings Medicare enrollment choices
  • Cigna to pull out of individual health market, affecting thousands in Colorado
More Health/Employee Benefits News

Life Insurance News

  • KBRA Releases Research – Private Credit: Much Ado About Nothing – Perspectives on Columbia Business School Paper About Private Ratings
  • VUL sales skyrocket in Q1, signaling major market shift
  • KBRA Releases Research – Private Credit: A More Balanced Review of the NAIC PLR Review Process for Insurance Balance Sheets
  • Jackson Introduces Dow Jones Industrial Average Index Option, Flexible Premiums, Six-Year Rate Guarantee in Latest Registered Index-Linked Annuity Launch
  • State locates $107M in missing insurance funds
More Life Insurance News

- Presented By -

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Maximize Your FIA Case Results
Learn a repeatable process to review, reposition, and present FIA opportunities with confidence.

Aim higher during Annuity Awareness Month
Raise the bar with our diverse portfolio of Ascend annuities, backed by superior financial strength

You Could Be Losing Up to 20% of Your Commissions
GreenWave helps you find, fix, and prevent commission errors.

True Independence Means Having Choices
Cambridge offers flexibility, stability, proven tools—no private equity strings attached.

Life moves fast. Your BGA should, too.
Stay ahead with Modern Life's AI-powered tech and expert support.

Looking for stronger rates, amplified growth & real results?
Sentinel's Accumulation Protector Plus℠ Annuity is for clients wanting more from retirement planning

Press Releases

  • Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
  • RFP #T01625
  • Rockwood Programs Appoints Kerry Ladouceur as Vice President, Financial Lines
  • JP Insurance Group Launches Commercial Property & Casualty Division; Appoints Joe Webster as Managing Director
  • Sequent Planning Recognized on USA TODAY’s Best Financial Advisory Firms 2026 List
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet