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401(k) Retirement Plans |
Your company is special and has its own unique way of doing business. That's why MMA and BCBSM offer you more choices when it comes to health care coverage. Blue Managed TraditionalBuilt-in Cost Containment, Competitively Priced Community Blue PPOQuality Managed Care that Preserves Freedom of Choice Blue Choice POSA Smart Option for Managing Premium Costs While Offering Choice Blue Care Network HMOA Custom Fit for Today’s Managed Care Environment Prescription Drug CardsPrescription drug plans are available with or without contraceptive coverage. Maintenance drugs may even be received through mail order. A variety of co-pays are offered. If your company participates in the MMA BCBS program and you need assistance, contact your MMA-dedicated service person at 800-968-4661. You may also access forms and other administration tools at the Blue Cross Blue Shield Administration Web site. For more information, please contact MMA Insurance & Benefits at 800-842-6513. |
How do MMA’s insurance dividend programs work?MMA offers a dividend program on its workers’ compensation and commercial package policies through Amerisure. Each year, depending on market conditions and plan experience rates, dividends may be issued to plan participants based on earned premium. Payouts of $800,000 were made in 2001, and total more than $17 million over the past 11 years. Commercial package dividends have averaged 14%, and workers’ compensation 9%, for the 15 years the program has been in effect. What does MMA do to keep insurance rates down?The group buying power of nearly 3,000 companies means that members of MMA can take advantage of more competitive insurance programs and rates. MMA, in partnership with its service providers, works to hold rates as low as possible through excellent program management and aggressive loss control initiatives. MMA’s life insurance program rates, for instance, have not increased for the past 14 years. |
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