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Participation in the ICSVEBA is beneficial to both the school districts and their employees. Here are a few of the advantages:
- Combining of the school districts creates a large risk pool and minimizes the effects of a district's unexpected poor claims experience.
- A large single entity has greater purchasing power and more alternatives than available to individual school districts.
- Both Labor and Management have equal representation, and the structure promotes cooperation between all involved.
- By managing our own trust, we are able to be more responsive to the unique health care needs of the Imperial County employees.
- Benefit plans may be portable between school districts.
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