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Johnson County Parks and Recreation District
The Kansas Eastern Region Insurance Trust provides a
self-insured workers compensation program for local cities and counties.
A significant benefit of a self-funded workers’ compensation pool, such as KERIT, is the financial advantage to members. Unlike traditional insurance providers, a pool allows members to capture a portion of investment income
Consider the plight of a city or county that does not belong to an insurance pool: the government buys coverage through a private insurer, at rates set by the state. The premium pays for the losses, overhead and reinsurance costs of the insurance company. The company invests what’s left, earns investment income and keeps the profit.
A member of an insurance pool, on the other hand, saves money in two ways. Members pay reduced premiums, and state law allows the trust to grant discounts off the standard premium a city or county would normally pay to a private insurer. Members also receive dividends, that portion of the trust’s premiums and investment income remaining after the trust has paid claims and operating costs.
The Trust has completed its twenty-ninth year of pooling workers’ compensation coverage. BKD LLP, KERIT’s independent auditors, recently presented their report on KERIT’s December 31, 2015 financial statements at the May 10, 2016 Board of Trustees’ meeting.
Since inception, the members have accumulated over $25.3 million in benefits as shown below. KERIT’s cumulative performance since inception remains outstanding with a 36 percent return.
As a result of its success, KERIT is able to refund premiums to members each year. The Board will consider additional refunds at their August meeting.
Lansing receives Safety and Health award
The Kansas Department of Labor’s Industrial Safety and Health presented the city of Lansing with the Safety and Health Award for Public Employers (SHAPE). Tim Vandall, City Administrator and KERIT trustee, accepted the award, saying the Lansing “promotes a culture of safety.” See a video of his remarks here.
What's bugging you?
Summer in the Midwest comes along with insect pests, including some that can be potentially dangerous. Here are some guidelines to help prevent mosquito and tick bites.
Mosquito bite prevention
For more information:
For a downloadable poster, visit:
Tick bite prevention
For more information: