News

We are writing to inform you that the Mass Bankers Group Insurance Plan has recently updated the Summary Plan Description (SPD) of our benefit plan. An SPD is a document provided to plan participants to explain their rights and benefits under a welfare benefit plan. This document is required by the Employee Retirement Income Security Act of 1974 (ERISA), a federal law that sets minimum standards for employee benefit plans maintained by private-sector employers

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As a reminder, employer groups offering a Health Reimbursement Arrangement (HRA) are required to pay the annual Patient-Centered Outcomes Research Institute (PCORI) trust fund fee to the IRS by July 31, 2024.

Blue Cross Blue Shield of Massachusetts will begin offering coverage for an annual mental health wellness exam starting March 31, 2024. This examination can be conducted as part of the annual preventive visit with your primary care provider (PCP) or as a standalone appointment with a PCP or licensed mental health professional.