ISBT: Members must cover $13M shortfall
The Idaho School Benefit Trust on Thursday afternoon notified member school districts and charters that the trust needs an additional $13 million to pay claims for the current benefit year, and the first payment is due at the end of next month.
The trust told the more than 100 employers — which includes the Lake Pend Oreille and West Bonner County school districts — who participate in the insurance pool to choose a payment option by Sept. 10 — and either pay a lump sum or make a first monthly payment by Sept. 30.
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