HBA Trust
Designing employee benefits for the healthcare industry is uniquely challenging, especially with rising costs and ever-evolving regulatory requirements. To attract and retain highly skilled individuals, healthcare organizations must offer competitive employee benefits packages — and utilizing insurance providers with extensive experience with hospitals and healthcare workers can help you do just that.
HBA Trust provides a specialized solution.
HBA Trust was developed in the early 1990s in response to discussions on healthcare reform in America. Through HBA Trust, several hospital systems capitalized on group purchasing of health and welfare benefits, giving them greater negotiation power within the industry. The result? Better plan designs, lower costs and rate stability.
Over the past 25+ years, HBA Trust has grown to cover over 960 entities and provide employee benefits to more than one million lives. Moreover, the program has expanded beyond hospitals to include other healthcare organizations, physician groups, and universities and colleges. The strength and scale of the HBA Trust creates opportunities for your organization to balance risk, control expenses and increase purchasing power.
HBA Trust can negotiate financial arrangements and multiyear rate guarantees that save our clients on average 25%. HBA Trust combines the design and underwriting flexibility of a stand-alone company with the clout and stability of a one-million-employee organization.
Group Life Insurance
Short and Long Term Disability
Dental Insurance
Vision Care
Prescription Drug Coverage
Medical Stop-Loss
Executive Benefits
Enrollment Communication
Voluntary Products
Absence Management Services
What These Products Mean for You
- Higher tolerable loss ratio underwriting, equating to lower plan costs
- Proprietary pricing
- Unique relationships with best-in-class carriers
- Extended rate guarantees well above what a separate entity could receive on its own
- Reduced administrative fees
Our Expertise
At HBA Trust, our history is one of superior performance and unparalleled commitment to our clients. Our team has deep experience within the healthcare market to not only improve your benefit package but also to simplify the administration of your plan. We value the trust our clients place in us and the long-term relationships we have built.
Please contact our team of experienced consultants to explore how HBA Trust can benefit you and the unique needs of your organization.