Please Wait a Moment
X

News and Communications

Home Membership Group Insurance Employee Benefits News and Communications

Adjust your My MBA communication settings to receive future email bulletins. Go to your Communication Preferences and opt in to marketing materials from the Group Insurance Trust.

LATEST NEWS AND COMMUNICATIONS

How Does Your Bank Compare?

Posted: Jun 12, 2025
Comments: 0
Author: Chad Pook

2025 Medical Contribution Trends Now Available

We're pleased to share the results of our 2025 Medical Insurance Contribution Benchmarking Survey, now available for review.
This year's report provides valuable insights into how member banks structure their medical plan contributions, including evolving strategies such as fixed dollar contributions, wellness-based incentives, and tiered cost sharing. It also highlights trends in high-deductible plan adoption, premium-sharing models, and regional benchmarks across Massachusetts.
Key Highlights:
  • Growing use of fixed dollar contributions to stabilize employer cost exposure.
  • Continued shift toward tiered employer funding based on plan selection or wellness participation.
  • Reduced employee contributions for single coverage becoming more common in high-deductible plans.
  • Expanded plan offerings including new high-deductible options.

If you have any questions or would like a one-on-one discussion to review your bank's contribution strategy, please don't hesitate to reach out to Chad Pook, VP, Administration, Group Insurance Trust, or Tanya Duncan, EVP, Revenue and Strategy.

Back

Print
Tags:
Please login or register to post comments.