Bankers insure locally with trusted professionals
By Daryll J. Lund
In 1982, the Wisconsin Bankers Association Employee Benefits Corporation, Inc. (WBA EBC) was formed to provide flexible, high-quality health benefits and insurance coverage exclusively to members of the Wisconsin Bankers Association (WBA). As our corporation moves into its 41st year, I thank each WBA member bank that has entrusted our team with their insurance needs.
As our organization continues to expand, it remains a top priority of our team to ensure that WBA members receive the options and preferred pricing that is typically reserved for large employers. Since 2018, WBA EBC has offered a statewide Association Health Plan (AHP) to all members. The AHP, administered by UnitedHealthcare (UHC), has saved WBA-member banks over $2.1 million in the last five years. By spreading the risk over large numbers we have been able to help nearly 50 banks and over 2,200 members.
By joining the WBA AHP, bankers enjoy benefits such as working with a dedicated, local association team; opportunities for cost savings; more plan options; a strong national network; and convenient resources.
Whether your bank is looking to add coverage to dental, medical, prescription drug, vision, or life and disability — WBA EBC is the one-stop-shop in providing your employees with afford- able, high-quality benefits for their well-being. Additionally, WBA EBC’s online portal allows for member-driven control of enrollment or changes, provided transparency with costs and expenses, as well as ensured banks have the ability to control administrative costs in the future.
Thank you to the 100+ banks throughout the state that have chosen the WBA-EBC for their insurance programs for 2023. With your enrollment, nearly 4,000 members have gained access to affordable insurance. WBA EBC Vice President Brian Siegenthaler, our dedicated team, and I look forward to continuing to provide flexible plans and wellness solutions to you and your employees.
Please visit wisbankins.com or contact Brian Siegenthaler at 608 441-1211 to learn more about the advantages we offer.