Q & A with PSBA Insurance

This article originally appeared in the January/February 2023 issue of Bulletin magazine.

PSBA Insurance has been the leader in insurance for Pennsylvania educational entities for more than 50 years. We provide specialized programs for the commonwealth’s public school students, volunteers, board members and administrators. Our products include unemployment compensation insurance, plus student, volunteer and travel accident insurance to ensure that these individuals are protected whether on campus or on school business.?

How can high-quality unemployment compensation insurance promote school budget stability? ?In today’s climate, unemployment is a sad reality. Through the Better Unemployment Compensation System (BUCS) program, you will have the assurance that our team is prepared to support your school entity when necessary. In the event of a claim, the BUCS program ensures budget stability, claims management support and assistance during the appeals process, providing members with experienced representation at hearings. We also offer basic and comprehensive coverage so your district can apply for the option most suitable for your needs and budget. This program is provided with support from Interstate Tax Services, Inc. Here are some examples of actual claims serviced by PSBA Insurance:?

• 30 teacher strikes converted to a lockout by court action resulting in a $120,000 claim??
• Lack of funding and enrollment closes technical school doors, causing a $75,000 claim??
• Support staff collects unemployment benefits while teachers on strike, causing a $180,000 claim?

How does PSBA Insurance provide personalized customer service and cost savings? Since its inception in 1971, PSBA Insurance has produced millions of dollars in direct cost savings for participating school entities. Through strategic partnerships with industry-leading insurers, we offer responsibly priced products catered specifically to the needs of schools. We get to know your school entity and its needs so we can help you choose the products that are best for your schools, and save you from unexpected and costly accident and unemployment claims.??

What new services are available for schools this year? Coming in spring 2023: An all-new student accident program unlike any other offered in Pennsylvania. This new state-of-the-art program aims to keep your school community safe with added benefits like included background checks, training and education for staff, policy review and consultations and – most anticipated – the technology to track injuries and manage future claims, all while being mindful of protecting your budget. ?