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Tuesday 11 December 2018
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Ancillary Benefits Can Help Fill Gaps

With health insurance premiums continuing to rise as we head into 2019, more small businesses have opted to stop offering health insurance. Yet, employees who are happy with their insurance plans are more likely to stick around and report overall job satisfaction. Offering ancillary benefits can help fill that gap. Best of all, these plans can often be provided at little or no cost to the employer — a great way to ring in the new year!

Purchasing these benefits at a group level is more affordable because:

• As group insurance, the risk is spread through a large population, which keeps premiums lower.
• If you have a Section 125 plan, premiums are paid with pre-tax dollars.
• The cost can either be covered by the employer or employee.

Thanks to the Manufacturer & Business Association’s (MBA) long-term partnerships with industry-leading insurance carriers, MBA members can enjoy exclusive access to premium benefit plans at highly competitive rates! Available plans include:

Vision
Members with at least two participants can add vision benefits through VBA Insurance with rates starting as low as $3.48 for an employee! This flexible plan can be employer or employee-paid.

Dental
The MBA offers exclusive plans through Delta Dental at discounted rates — including a plan that covers adult orthodontics — for groups with two or more employees. Best of all, there is “no waiting period” for coverage or treatment!

Life, Short-Term And Long-Term Disability
MBA members with groups as small as two can select from various Aetna life and disability coverage options that offer no medical underwriting, no waiting periods, and that include flat rates, as well as salary rates.

Workers’ Compensation
MBA members have access to workers’ compensation insurance through our partner Eastern Alliance Insurance Group (EAIG), which offers the potential of a group policyholder dividend reimbursement for all participants, including small groups!

For more information on the Manufacturer & Business Association-sponsored ancillary benefit plans, contact your broker or contact me at 814/833-3200 or mdamico@mbausa.org.