School districts in Michigan are receiving a financial windfall from the organization that insured 465 educational organizations in the state. Districts that participate in the MASB-SEG Property/Casualty Pool will share $5 million in surplus distributions when they submit their renewal contributions for the coverage year beginning July 1, 2010. In total, the MASB-SEG Property/Casualty Pool has returned $101 million to its members in the form of dividends or surplus since it was established in 1986.

The Pool is a member-owned and member-operated risk sharing pool for educational organizations in Michigan. Members elect its Board of Directors, which includes school superintendents and the executive directors of education-rated associations. The Pool is administered by SET SEG.

For additional information contact Communications Manager Cindy Hoogasian at 800-292-5421, ext. 646

SET Employee Benefits, the pioneer in placing high-deductible health plans (HDHP) with health savings accounts (HSA) in public schools in Michigan, has released an animated video explaining why these plans are cost-effective for employers and employees.

As school districts place hard caps on their contributions to health insurance premiums, employees are faced with paying hundreds of dollars monthly for health care expenses. Because HDHP/HSA plans cost less, premiums for these plans generally fall at or beneath the insurance cap. Instead of paying premiums to an insurance company, employes with HDHP/HSA plans can contribute their dollars to their own health savings accounts. HSA dollars are used to pay the deductible expenses that may apply, or are retained to pay for health care costs in future years.

This entertaining and educational video will help any employee choose from a cafeteria plan of benefits that include the option of paying health premiums or selecting a HDHP/HSA plan. 

SET Employee Benefits provides medical, dental, vision, life and long-term disability programs to the school marketplace.

For additional information, conta 

School districts in Michigan are receiving a financial windfall from the organization that insured 465 educational organizations in the state. Districts that participate in the MASB-SEG Property/Casualty Pool will share $5 million in surplus distributions when they submit their renewal contributions for the coverage year beginning July 1, 2010. In total, the MASB-SEG Property/Casualty Pool has returned $101 million to its members in the form of dividends or surplus since it was established in 1986.

The Pool is a member-owned and member-operated risk sharing pool for educational organizations in Michigan. Members elect its Board of Directors, which includes school superintendents and the executive directors of education-rated associations. The Pool is administered by SET SEG.

For additional information contact Communications Manager Cindy Hoogasian at 800-292-5421, ext. 646

SET Employee Benefits, the pioneer in placing high-deductible health plans (HDHP) with health savings accounts (HSA) in public schools in Michigan, has released an animated video explaining why these plans are cost-effective for employers and employees.

As school districts place hard caps on their contributions to health insurance premiums, employees are faced with paying hundreds of dollars monthly for health care expenses. Because HDHP/HSA plans cost less, premiums for these plans generally fall at or beneath the insurance cap. Instead of paying premiums to an insurance company, employes with HDHP/HSA plans can contribute their dollars to their own health savings accounts. HSA dollars are used to pay the deductible expenses that may apply, or are retained to pay for health care costs in future years.

This entertaining and educational video will help any employee choose from a cafeteria plan of benefits that include the option of paying health premiums or selecting a HDHP/HSA plan. 

SET Employee Benefits provides medical, dental, vision, life and long-term disability programs to the school marketplace.

For additional information, conta