What is a Multiple Employer Welfare Arrangement?
A common group of employers can use a MEWA to pool their contributions in a benefits plan for their employees. The employers make contributions into the plan based on the number of employees they have and the estimated costs associated with each employee.
It is a good way for smaller employers to get group health and other insurance benefits for their employees. By pooling their contributions together, smaller employers are better positioned to control cost and maintain the best benefit packages due to economies of scale, while still maintaining control.
MEWA’s are regulated by the state in which they are domiciled, and the U.S. Department of Labor. The Employee Benefits Security Administration (EBSA), is responsible for the administration and enforcement of the provisions of Title I of ERISA (29 U.S.C. §1001 et seq.).
What provider networks are available to participants in the Trust?
The Trust is fully insured with PacificSource Health Plans who provide a wide network of providers both locally in Oregon and Washington, as well as nationwide. To see their network go to https://pacificsource.com/find-a-provider/
Who is PacificSource Health Plans?
Founded in 1933, PacificSource is a not-for-profit health insurer for people and organizations throughout the Northwest. They are based in Springfield, Oregon with local offices across Oregon, Idaho, Montana, and Washington.
During eight-plus decades in business, they’ve put an emphasis on human service, and earned a reputation for taking exceptional care of people and the communities in which they live, work, and play.
PacificSource provides all of the health rating, claims processing, network services, billing, etc., and are a perfect partner for the Trust.