The Health Affiliate Plan, offered through collaboration between Aetna and Michigan Employee Benefits Services (MEBS), is a unionized benefits administration provider (TPA) based in the United States.
Like many Public Sector employers, you may be looking for a health plan that provides financial predictability over multiple years, one that gives the ability to craft accurate budgets, and also gives the benefits that larger self-insured groups enjoy, like pricing stability, unique plan designs and individual plan data in a simplified health care solution. Well, Aetna’s new Texas Health Affiliate Plan, a VEBA plan, is an exciting offering that provides you all that and more.
The Health Affiliate Plan, offered through collaboration between Aetna and Michigan Employee Benefits Services (MEBS), is a unionized benefits administration provider (TPA) based in the United States.
The Health Affiliate Plan is a Voluntary Employee Beneficiary Association, commonly called a VEBA plan. As a Trust, its members realize purchasing power to buy benefits without losing their organization’s autonomy and ability to make benefit decisions.
The VEBA offers Public groups like yours, with at least 350 employees, a number of unique benefits, including:
- A two-year self-insured maximum liabilitythat improves your ability to budget and provides risk protection
- Both immediate and long-term savings, as well as reduced pricing volatility and tax savings, by moving from fully insured to self-insured plans
- The ability to build protected reserves, for benefit spend, with discipline
- Product and service stability, including the ability to retain your individual plan designs
- Consultative data-driven solutions to help mitigate trend and improve health outcomes
Unlike many VEBA plans, the Health Affiliate Plan lets you access all of these benefits without losing your organization’s autonomy. You choose your own organization’s unique plan design and receive individualized reporting from a designated analytics professional, who can also help you benchmark your organization with other VEBA participants. This level of data and information transparency is simply not offered by other Trusts or Pools.
In addition, the Health Affiliate Plan offers access to enhanced services, including:
- Network discounts through Aetna’s broad national provider network
- Disease Management programs
- Case and Care Management programs
- Pharmacy benefits
- Basic term life insurance included
Administration is easy. All automated calls and claims are handled via Aetna’s systems. For manual processes, MEBS provides services through its Union TPA, putting Labor members to work right here in the United States.
Aetna is keenly focused on the needs of Public Sector Entities and we recognize the challenges faced by today’s School Districts. We know what you’re facing:
Rising health care costs
- Shrinking revenue and budgets
- The uncertainty of health care reform,
- And an increasingly complicated health care system
We are confident in the value this VEBA plan can bring to your organization, your employees, retirees and their families and welcome the opportunity for open discussions.
