State Bankers Group Benefits Trust
Group Life, Medical, and Dental Coverage

The State Bankers Trust in conjunction with the Montana Bankers Association and Mountain West Benefits is pleased to offer you access to the following:

Health Care Reform - Actionable Items for Employers - presentation given on 08/24, 08/26, and 08/31 - click here

Small Business Health Care Tax Credit Estimator - click here

To view the HealthServe brochure, click here.

PAST
• Small community banks recognized the need to pool resources and employee numbers to form a large, stable group to insure continued health insurance coverage and premium stability. The group medical, life, and dental plans have been in existence for over 40 years. In 1987 the Board of Trustees formed a 501(c)(9) State Bankers Association Group Benefits Trust (nonprofit).

• Over 75 banks (approx. 4,000 people) benefit from Trust membership, including competitive benefits and premium stability due to a large, stable group.

• Trustees contract with legal and benefits consultants for advice on: new federal laws/regulations (primarily COBRA, HIPAA, and ERISA); changes in plan documents/coverage; and negotiations with the insurer.

• Wyoming Bankers Association members may join the Trust and serve on the Board of Trustees.

• Consulting, marketing and field services are provided by Mountain West Benefits Solutions.

PRESENT
• Underwriting:

Medical - BlueCross BlueShield (1/1/99)
Life - UNUM/Provident Life Insurance Company (1/1/02)
Dental - Delta Dental (1/1/04)
Vision - Vision Service Plan (1/1/01)

• Current statistics:

Wyoming - 21 banks with 523 employees,
Montana - 53 banks with 1432 employees.

Total of 1,955 enrolled employees and families in the Trust with over $13 million annual premium.

• Benefits of membership: Trust advocates (Amy Jenks, Jill Martin, Deannie Higgins, Ann Pearson, Hannah Parish and Sarah Blotkamp) and a toll-free phone number available to employees; security and plan stability from large group size; specialized legal and benefits consultants; in-house lobbying; licensed agents available; strong leadership with a Board of Trustees made up of independent bankers; and large group clout for claims problems.

FUTURE
• Trust office will continue to offer personal customer service and technical support.

• Trust will continue to pool resources for quality health coverage and leverage stable premiums at competitive rates.

• Lobby state legislatures on insurance issues.

• Continued Expansion into Wyoming.

Board of Trustees: