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XO Financial Blog

What Is the SIMRP Plan — And Why Should Your School District Care?

6/22/2026

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If you've never heard of a Self-Insured Medical Reimbursement Plan — or SIMRP — you're not alone. It's one of the best-kept secrets in employee benefits, and it's especially powerful for school districts and their employees. At XO Financial, it's become one of the most impactful tools we bring to the educators and districts we serve.

So let's break it down in plain English.​

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