Charter School Practice
Founded in 2006, HUB’s Charter School Practice is a full-service platform dedicated to charter schools and networks. Our goal is to provide tailored services and support to charter schools throughout the US.
Charter organizations face growing budget pressures - relatively flat pupil revenue, unexpected liabilities, rising salaries and rising health insurance costs - making it more and more difficult for charters to succeed.
Charter schools partner with HUB in two equally important areas – 1) to maximize their employee total compensation to compete for the best talent and 2) to strengthen operations to protect their school from liability. These two areas, if poorly managed, can compound the difficulty of accomplishing a charter organization’s mission. Learn more about us and how we help charter organizations ultimately reduce their total cost of operation and maximize their total compensation dollars to attract better talent.
HUB’s Charter School Practice has regional experts across the country. We partner with hundreds of charter schools, working together to manage all the risks associated with their operation. We implement a custom, strategic, organized approach to managing that risk in a fluid, fast-paced charter environment. Our teams focus on ever-evolving risks to charter schools and create solutions to those risks.
“We are passionate about our work because every day we see the impact charter schools are making in the lives of so many children across the country.”
Mission:
We dedicate people and resources to help support the charter school’s Employee Benefits and Risk Management platforms. Our goal is be an outsourced solution and advisor so that your team can stay focused on academic and operational objectives.
Meet the Team:
Practice Leaders
Gary Clark
HUB Colorado
303-808-2942
Eric Slinger
HUB Colorado
720-331-9131
Charter School Practice Support Team:
- Account Executive
- Account Manager
- Financial Consultant
- Claims Advocate
- Claims Liaison
- Executive & Cyber Risk Professional
- Risk Control Advisor
- Legal Advisor
Charter leaders are concerned about their school’s ability to attract and retain talent with a limited budget. A school’s Employee Value Proposition (EVP) is made up of both salary and non-salary incentives. HUB is helping charter organizations reduce the cost of non-salary incentives, primarily in the area of health insurance, so charter organizations can maximize budget dollars for salaries.
With current and rising health insurance cost being such a burden on charter budgets, HUB is helping charter schools leverage their collective size through access to two exclusive charter school health insurance offerings. Both programs aggregate the purchasing power of charter schools across the country so an individual charter organization can buy coverage as a collective, larger employer.
Insurance Products & Solutions:
- HUB Fully Insured Charter School Trust
- HUB Pathways Charter School Captive
- Stand-alone fully insured and self-funded health plans
- Retirement Plans/Pension Plans
- Mental Health
- Dental
- Vision
- Disability
- Life
- Executive benefits
- Voluntary products—Accident, Critical Illness
Total Compensation Consulting
- Employee Value Proposition Analysis
- Leave Management
- Salary surveys
Complete Program Support:
- Human Resource and Employment Law consulting
- Targeted charter industry compliance education
- Creation and distribution of all communication materials
- Open enrollment support
- Online enrollment support
- Support for individual employee claim issues
Charter schools are a unique risk, blending education, public entity, and private enterprise profiles. Because of this dynamic, insurance products and risk management controls need to be tailored to address all liabilities. HUB’s Charter School Practice has a dedicated team that will help you understand the nuances of insurance coverage, while helping you build a risk management plan that protects you from current and emerging risks.
Insurance Products & Solutions:
- Property
- General Liability
- Auto/Fleet
- Workers Compensation
- Directors & Officers Liability
- Employment Practice Liability
- Professional (Educators Legal) Liability
- Crime/Employee Theft
- Fiduciary Liability
- Umbrella/Excess Liability
- Privacy & Cyber Liability
- Student & Volunteer Accident
- Builder’s Risk
- International Travel & Liability
- Environmental/Pollution Liability
Risk Management Plans & Trainings:
- Employee Handbook Review
- Facility Use Agreements
- Field Trip/Travel Waivers
- Auto/Transportation Waivers
- Site Assessments
- Lease Agreement Review
- Bond Review
Complete Program Support:
- Human Resource and Employment Law Consulting
- State & Federal Background Checks
- Motor Vehicle Reports
- Safety Training videos
HUB’s Charter School Practice is committed to keeping all members up to speed with current and emerging risk topics. Our team believes in regular communication to all members, and proactively communicates different thoughts or solutions. Get
signed up for HUB’s Study Hall and A.P. Courses.
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Rising health benefit costs are eroding total teacher compensation and forcing cuts in mission-critical areas at charter schools across the country. Those are the findings from a survey of CMO decision-makers conducted by BuyQ in Spring 2018. In our report, Condition Critical, we shed light not only on the factors shaping CMO decisions around employee health benefits, but also on a pathway forward, with steps CMOs can take today to more effectively manage this vital area of their operations.
60 percent of CMO respondents have had to limit investments in mission critical areas due to increases in the cost of health insurance benefits.
23 CMO representing 15,500 employees responded
7 out of 10 respondents agree that better management of their CMO’s health insurance benefits program could result in cost savings.