Benefit Management Administrators – BMA
Now that employers have had time to evaluate the benefit plan requirements under PPACA, many have come to a decision as to what level of health benefits they will offer employees. Some employers have decided to pay the higher premiums …
Despite the busyness of this enrollment season, it’s important to take time to be thankful. But who says you can’t do both at once? As we approach Thanksgiving, we wanted to share why employers are thankful for self-funding, and why …
Whether it’s a web portal, wellness program, or telemedicine, utilization is key! Utilization is what determines ROI and measures the success of your program. The third-party wellness and telemedicine programs offered in our web portal are the same programs BMA …
BMA sees the value of wellness programs so much that we provide these benefits to our own employees! Here are some personal testimonials from our employees about their experience with these programs: “When I was traveling for work, I got sick …
Looking for best-in-breed benefit programs? Need a fast solution to an urgent client need? No problem! From wellness, to telemedicine, to compliance, BMA offers access to key programs plus communication materials for promoting them. These programs are seamlessly integrated into …
Level-Funding offers several strategic advantages for small to mid-size employers. It combines the simplicity of a fully insured plan with the cost savings and flexibility of self-funding. But for groups currently in a fully insured arrangement, the path to self-funded …
Switching from a fully-insured plan to a self-funded plan has the potential to create huge savings for an employer. Here are some basics facts about self-funding to help you determine whether you should give self-funding a try. Question: What is …
Level Funding (Bridge Product) BMA Offers the ultimate product for employers seeking a simple way to move from a fully insured group health plan to the benefits of a traditional self-funded medical expense benefit plan. Level funding, also known as …
Self-funding is best known as a funding vehicle for employee benefit plans, especially health coverage. Self-funding is also broadly used for such things as Workers Compensation and Property & Casualty coverage, but the governing laws & focus are so different …
Self-Funding: Worth the plunge? Understanding the Risk and Rewards of Self-funding To make the decision to switch over to self-funding, you need to understand the basics so that you can then seek out more specific answers for your company in …
How do MEC and Minimum Value Plans work within the ACA? As employers evaluate benefits to offer in light of the ACA, there are several factors to consider, including penalties, value of coverage, and the costs of coverage. This blog …
Trump’s proposal to repeal the ACA has left brokers, agents, insurance companies, hospitals, and beneficiaries concerned. At this time is more important than ever to understand the concerns and the possible repercussions, as well as the alternative options. BMA offers …
