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Board approves HSA MOU contingent on attorney review, aims to fully fund accounts by September

August 29, 2026 | Madison, Carroll County, New Hampshire


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Board approves HSA MOU contingent on attorney review, aims to fully fund accounts by September
Staff presented a draft MOU to fully fund Health Savings Accounts for eligible members of the Madison Employees Association and said the intention was "to be, fully funded as early as September 1" pending review by legal counsel. Board members raised operational questions about proration for midyear hires, payroll deduction limits and whether the district could recoup unearned funding if an employee leaves midyear. Staff said typical contributions mentioned in the discussion were $5,000 for a two-person family and $2,500 for singles and that the district had realized roughly $72,000 in premium savings by moving to the selected plan.

After discussion the board voted to approve the draft MOU contingent on attorneys’ recommended language so the district could implement it before school starts; one member registered an abstention during the vote. Staff said final payroll and proration language would be rewritten by attorneys and returned for administrative implementation.

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