MMA: Insurance & Benefits: Vision

Insurance & Benefits

Vision

MMA has partnered with Spectera, a UnitedHealth Group Company, to provide group vision insurance plans to MMA member companies. The Spectera service offers a Premium Plus plan with $10 exam and $10 materials co-pays or a Premium plan with $10 exam and $25 materials co-pays. A comprehensive annual exam, along with a generous benefit for lenses, frames and contacts, is included. Single coverage rates begin as low as $6.24 per month.

Your Spectera Vision insurance provides laser eye surgery coverage through the Laser Vision Network of America.

This partnership gives your employees access to a larger provider network and, rather than a set maximum for each procedure, access to discounts of 15% off the usual and customary price or 5% off a promotional price.

Spectera insurance is accepted by numerous private practice and retail vision providers, including D.O.C., Rx Optical, Wal-Mart, SVS, Henry Ford Optimeyes and Kent Optical, and features easy plan management with participating providers — no ID cards or claims forms are necessary.

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Spectera has been providing managed vision care services since 1964 and is rated A+ by AM Best.

For more information, please contact Insurance & Benefits at 800-842-6513 or find additional information under Spectera Forms.

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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Insurance & Benefits

Vision

Find an Eye Doctor

How do MMA’s insurance dividend programs work?

What does MMA do to keep insurance rates down?

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