Group Health Insurance Benefit Options for Nonprofits
Welcome! Margie Siegel Association Health Plan Team Lead MN Council of Nonprofits Jack Duffy Benefits Consultant Gallagher
Objectives for Today
Background Approval & Launch Plan and Networks Eligibility Process Timeline Additional Benefits Your Questions
Background
2018 • MCN formed BenefitsMN, a health benefits Trust • Member Interest Survey Collected • Solicited Feedback from Advisory Board and Community Members • Conducted Due Diligence • Secured Medica as insurance carrier • Selected Plans and Networks • Met with Department of Commerce
2019 • Completed forming Board of Trustees • Consulted with AHP Experts • Worked with a Law Firm with AHP Experience • Finalized Operational Structure • Negotiated Arrangements and Ancillary Benefits October 29, 2019 • Dept. of Commerce approved plan • Official launch!
Plan Options
Please visit bit.ly/BenefitsMNProgramOverview for more details
Please visit bit.ly/BenefitsMNProgramOverview for more details
Please visit bit.ly/BenefitsMNProgramOverview for more details
Network Options
Pricing
• BenefitsMN plans, based on Medica’s Large Group plans , were previously filed with the State Dept. of Commerce • Most small groups (under 50 employees) will see better rates through BenefitsMN than Small Group Market • Rates are in five-year age bands • Employers are required to contribute 50% of the lowest offered plan premiums, for each employee • The only way to see the rates is to submit the required information
Eligibility Requirements
• Current Minnesota Council of Nonprofits member organization HQ in Minnesota with any (c) nonprofit status • Must have been an MCN member for minimum 30 days (state law) • Must have at least two benefits eligible employees • Can join BenefitsMN during calendar 2020 for a short plan year • BenefitsMN renewals will be on a calendar year
• MCN member renewals will be synched to the calendar year for participating organizations • The nonprofit employer sets eligibility threshold for their employees at 20, 25 or 30 hours per week • Not all of those eligible employees must participate in the plan; there is a waiver form that they can fill out • Domestic partners, spouses, and dependents of participating employees can get coverage
Process
For more information visit http://www.benefitsMN.org http://gbs.ajg.com/benefits-mn/
• Nonprofits will need to submit information about current employees, whether or not the organization currently offers medical insurance. • Employers that offer insurance will need to provide current rate and plan information for all participating members • Employers that do not currently offer insurance will need to submit health histories for all eligible employees
Timeline
• Once Medica has complete census information, they will provide a proposal with prices within 10 business days . • Gallagher will set up a meeting time to review and discuss options • In order to have coverage in place by 1/1/2020, the organization will need to enroll by Friday December 13, 2019 . • Those who enroll after 12/6 but before 12/13, will receive an electronic version of the ID card which can be used until the mailed copy is received.
Voluntary Benefits
Administrative Solution
QUESTIONS
Contacts for Questions Margie Siegel Association Health Plan Team Lead MN Council of Nonprofits msiegel@Minnesotanonprofits.org Michaela O'Brien Jack Duffy Benefits Consultant Benefits Consultant Gallagher Gallagher Michaela_OBrien@ajg.com Jack_Duffy@ajg.com
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