INDIANAPOLIS (AP) — Indiana school districts which invested in a failed union health insurance plan will be getting back roughly half of the money they lost under a settlement reached between the state and Indiana's largest teachers union.

Secretary of State Connie Lawson announced Tuesday that 27 school districts would split $14 million if they approve the settlement. The settlement ends four years of legal wrangling between the state and the teachers union.

The Indiana State Teachers Association and National Education Association agreed in August to pay school districts which had enrolled in the union's now-defunct health insurance plan.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Employer-Paid
Compliance
Cost-Containment