UBCM offers a group benefits plan for local governments, First Nations, and affiliated provincial associations. The UBCM Group Benefit Plan leverages the buying power of $20 million every year in claims from more than 4,000 employees from 130 individual group plans to get competitive rates. Members also receive professional actuarial services, a dedicated administration service, flexible benefits to suit local needs, and regular plan reviews. Through the UBCM Group Benefits Plan, organizations can create a customized group benefits plan that meets specific needs and conforms with individual collective agreements.
UBCM is committed to ensuring that all our members stay informed on current trends in benefit administration, market factors affecting benefit premium rates, plan design saving opportunities and the different plan types. We have managed and administered group benefits since 1983.
The UBCM Group Benefits Plan offers the following benefits:
- Dental
- Extended Health
- Group, Optional & Dependent Life Insurance
- Accidental Death and Dismemberment (AD&D), and Optional AD&D
- Short Term Disability
- Long Term Disability
- Employee Assistance Program
- Critical Illness Benefit
- Health Spending Accounts
Being part of the UBCM Group Benefits Plan has many advantages, including:
- Flexibility – Tailor the plan to meet your organization's needs, and align the plan design with your collective agreement.
- Improved access to benefit coverage – Receive coverage that may otherwise not be available to local governments or associations of your size.
- Increased bargaining power – UBCM negotiates competitive premium rates, renewal and claims management services.
- Reduced cost – As a not-for-profit association, we only recover a modest sponsor fee, and members benefit from a cost-efficient administration model that takes advantage of our economies of scale.
- Value-added services – With a dedicated plan administrator, UBCM representation and assistance with claims, we are here to advocate on your behalf.
- Professional actuarial consulting – UBCM contracts George & Bell consulting for support on managing group contracts. They help design benefit plans, monitor insurance company practices, report on industry trends, provide bargain recommendations, and review annual expense levels relative to competitor prices for groups of similar size and structure.