The Trust is Keeping Insurance Rates Low for Oregon FIs
September 12, 2016
With insurance rate increases nearing 20 percent in Oregon, The Trust continues to keep premiums down for their customers.
The Trust, a Strategic Link partner with Your Association, and Brown & Brown Insurance provide Employee Benefits to more Northwest financial institutions than any other source. In fact, more than 100 financial institutions and over 3,000 participants. And once again, Oregon participants will see only a single digit increase, with no benefit changes.
“Though the medical trend increase over that same period in the Pacific Northwest has averaged between 11 and 13 percent, we’re happy to report this news,” said Donna Losch, SVP – Employee Benefit Consultant – Brown & Brown Insurance.
The Trust provides top tier carriers, a committed and service oriented employee benefit team, consolidated billing, on-line enrollment and online billing, full COBRA administration, an employee assistance program and wellness dollars to all participating employers free of charge.
Noting that The Trust has been a valued partner to Northwest credit unions for more than a decade, Losch added that The Trust has averaged a single digit increase over that ten year period of just under 6 percent on an annualized basis.
She also mentioned a bonus for those credit unions that take action before the year is out.
“The Trust will double the wellness dollars of any Oregon credit union enrolling between now and January 1, 2017,” she said. “To get an Employee Benefit Proposal for your credit union, all we need is information on your current plan, and a completed census.”
To learn more about plans with The Trust, contact Craig Reed, NWCUA Director of Strategic Partnerships, at [email protected] or 206.340.4789.