march_2025_health_insurance_reserve — Colchester Document Library

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Board of Education and Town
                            Monthly Health Insurance Reserve Report
                                  Cash Flow Analysis - March 2025
                                             BOE              Town            Balance

Balance 2/28/25                           2,033,999.20       (38,095.96)     1,995,903.24

Employer Contribution*                      294,146.00        93,607.50
Sewer & Water                                 9,404.45         6,033.90
Café

Employee Contributions**                    161,211.18        23,774.30
Interest                                      3,784.37             0.00

Employer HSA contributions                 (112,718.75)
Third Party Admininstrator Fees              (4,236.00)        (1,036.00)

Administrative Costs                        (86,834.00)      (13,015.36)
RX                                          109,430.17        13,029.72
Claims (thru 3/31/25)                      (775,185.70)     (122,366.09)

Balance 3/31/25                           1,633,000.92       (38,067.99)     1,594,932.93

* The employer portion is determined at the start of year and divided by 12 so each month
the contribution will be the same.
** Employees portion of the health insurance premium collected for the month