The Marine Retailers Association of the Americas has released new details about the health insurance benefit, MRAA Health, that it unveiled during the Marine Dealer Conference and Expo in December.
The benefits program extends a nationwide medical insurance program and several ancillary benefits to MRAA members, their employees and their families, including dealers, suppliers, service providers and manufacturers.
“In a survey of the marine dealer body, health care benefits costs were noted as having the most significant negative impact on dealers’ business goals,” MRAA president Matt Gruhn said in a statement. “After reviewing options for our members, we have responded to this impediment to our industry’s success with a program that is already making a major impact for our members.”
Facilitated by Bukaty Cos. of Kansas City, Mo., the MRAA Health program delivers reduced-cost health insurance to members across the country, the MRAA said.
Bukaty is a preferred partner for several major insurance providers, and its relationships, passed through MRAA Health, makes the program available in all 50 states, the MRAA said.
The MRAA’s 2016 Workforce Assessment determined that health care was the No. 1 impediment to dealers’ business goals and was the only issue that rated more significant than the devastating workforce shortage the marine industry has faced.
The MRAA said members are realizing significant savings with the new health care program and Bukaty has been delivering insurance rates that are 15 to 20 percent lower than dealers are paying.
The MRAA said a dealer that was faced with a 23 percent increase in premiums instead saved 18 percent under the new program.
“We are able to leverage our relationship with the insurance carriers to get special pricing for MRAA members. This allows us to customize the benefits to the need of the business and their employees while attaining pricing normally reserved for a much larger group,” said Cory Matt, a strategic benefits consultant at Bukaty. “MRAA is an excellent partner, and we look forward to a long-term relationship.”
Bukaty also offers dental, vision, short- and long-term disability, life, critical illness, accident and identity theft insurance.
The unified program, which offers large-number discounts, also extends Cobra, Flexible Spending Account, Health Savings Account and Family Medical and Leave Act opportunities, as well as wellness programs, human resources and compliance support and training, in customized programs that best fit a dealer’s needs.
“One of the things that we like the best about this program is that it’s not a one-size-fits-all approach,” member development manager Nikki Duffney said. “Bukaty really takes the headaches out of finding the right insurance program and delivers our members the absolute best program for them, their business and their employees. And to date, we’re proud to report that our members are seeing some significant savings.”