LAS VEGAS (March 3, 2026) – Teachers Health Trust (THT), the 42 year old self-funded, nonprofit health insurance plan for educators in Clark County, Nevada, has released its annual report that reflects the findings of an independent audit that THT is in the strongest financial position in over a decade.
“Teachers Health Trust faced significant financial hardships after the Great Recession and COVID economic crises. Yet, through our continued scrutiny of administrative costs, realizing cost savings with groundbreaking programs like our Health Investment Program, and smart contracting, I can confidently report that the financial challenges we faced are behind us and our future is bright,” said Tom Zumtobel, Teachers Health Trust CEO.
Specifically, the annual report reflects the findings of an independent audit that confirms it no longer has any concerns about THT’s financial viability and that THT financials are responsibly managed thanks to major operational improvements and strengthened financial governance.
The THT annual report also highlights that THT’s administrative costs are significantly lower than the industry standard, resulting in more benefits for teachers. THT allocates only 4.7% of revenue to administrative costs, significantly lower than the fully insured industry standard of 15% and resulting in approximately $25 million in additional health care benefits for teachers.
The annual report also echoed THT’s prior announcement that in 2026, THT members would either see no change to the price of their premium or, in some cases, members could realize up to $1,000 to $3,000 in savings per year. In fact, there have been no premium increases to full-time licensed employees since October 2022. The premiums for employees with no dependents have not increased since October 2021. All despite the trend of rising health care costs nationwide.
THT has also realized cost savings with groundbreaking programs like its Health Investment Program that directly contracts with a trusted network of local providers who provide priority access to appointments and whose services are covered 100% by THT so members spend less out of pocket for health care.
“As we move forward, we will continue to prioritize affordability, access, and trust,” added Zumtobel. “This includes demanding accountability for network and claims performance, expanding self-service tools for customer support, identifying ways to lower premiums for educators with families, and controlling costs across the board. We believe transparency is key, and we want the Clark County School District and our 34,000-plus members to know that THT is their health care partner and here to listen to their needs and concerns. That is how we will continue to improve.”
Zumtobel will give a presentation on the THT annual report and independent audit at the next meeting of the Clark County Board of School Trustees on Thursday, March 12 at 5 p.m. To read the full THT annual report visit https://www.ththealth.org/2025annualreport .
About Teachers Health Trust
In October 1983, the Clark County School District (CCSD) and Clark County Education Association (CCEA) collaborated to establish the Teachers Health Trust (THT) as the health plan for its educators. It is a self-funded, nonprofit health insurance plan available to all CCSD (and other partner charter schools) educators and their dependents in Clark County, Nevada. For more information visit: www.ththealth.org.
