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Welcome Brokers
The WBBA Benefit Program is a collection of endorsed insurance products and services brought together exclusively for the Life Science community in Washington state. By leveraging the collective purchasing power and relationships of the WBBA, industry member companies can take advantage of preferred pricing and administrative discounts.
Participating member companies have an array of benefit options to choose from. Among these options are:
Medical – Ten medical plans are offered through the WBBA Benefit Program. Options include 8 Preferred Provider Plans (PPO) and two Health Savings Account Plans (HSA), underwritten by Premera Blue Cross.
Dental – Washington Dental Service (WDS) underwrites the dental plan offerings for the WBBA Benefit Program. Five PPO plans are offered with optional orthodontia riders.
Vision – Vision Service Plan (VSP) underwrites the vision plan offered through the WBBA Benefit Program. This plan includes an exam, hardware and contact lens benefit.
Basic Life & AD&D – Unum underwrites the group life/AD&D (accidental death & dismemberment) offerings for the WBBA Benefit Program. Plan options include flat benefit amounts as well as multiples of salary. Customized plan offerings available upon request.
Group Disability – Unum underwrites the group disability offerings for the WBBA Benefit Program. Customized plans are available for groups of 5 employees or more for both long term and short term disability.
Employee Assistance Program (EAP) – The Wellspring Group manages the EAP plan offerings through the WBBA Benefit Program. Plan options include both a three and six visit model. Enrollment in the three visit model is included with all Premera medical plans at no additional charge.
401k Administration – The Standard provides 401(k), profit-sharing, 403(b) and deferred compensation programs to WBBA member companies with 25 or more employees. With The Standard you will receive a comprehensive service package and innovative use of technology designed to reduce the burden of plan administration. This is combined with an unbiased investment platform using mutual funds from top fund families. The Standard continues to hold the top ranking as the #1 Fund Manager and #1 Plan Administrator in the 401kExchange.com's annual survey of plan sponsors with $1 to $10 million in assets.
Group Administrative Guide - Updated 2010 version available soon! This guide is a reference for employers in their administration of eligibility and submitting of premium.
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