Here are Clara's Comments. This blog is open to FRIENDLY discussion about our insurance choices. You can also click your choice on the unformal poll! Currenlty I am also leaning towards MUST b/c of the HSA option. Please keep in mind these are opinions and the blog is a great place to share!!! Scarlett
Dear All,
Last night I made the time to attend the MUST meeting. I'm glad I did.
After listening to the Blue Cross-Blue Shield presentation, I was ready
to vote in favor of switching our health insurance company. No so,
any longer! My reasoning is as follows:
MUST raised the maximum lifetime benefit from 3 million to 5 million
MUST has a basic medical plan - the Blue's don't - we do have members
on this plan
MUST has a built-in $!0,000 life insurance policy with the district
paying for another $10,000. I purchased a $50,000 policy
for about $18 per month. Great rate. I'm not real clear on
the Blue's, but I believe if we wanted that, it would raise the
premium?
MUST has a built-in long term disability insurance - the Blue's
don't. You can purchase it.
MUST deals with schools only.
MUST and Blue's dental and vision plans are comparable, however,
if you use a flex account or a health savings account, you will
not spend as much in the end. When you add up the premiums
paid and subtract you benefits, the insurance is not cost effective.
MUST also offers opportunities for us, as a district, to lower our
premiums through wellness incentive plans. One of the opportunities
mentioned was if 90% of the insured participated, we could save up to
3% on our premiums. Granted that may be only $12 - $13 per month,
and that depends on your plan and deductible, but $140 to $150
per year would but something fun?
MUST premiums may be a couple dollars more, but the benefits outweigh
the cost risks.
I know I'm not covering all the points. Perhaps those in attendance can lend
their memories and support.
Union members will be voting soon to decide which insurance company
we will be using as a district.
Thanks for listening/reading about my obvious choice.
Have a GREAT DAY!
Clara