MMA understands how important your employees are to you and how important your employee benefits are to your employees. To help you get through the COVID-19 pandemic, we are pleased to announce the MMA Premium Relief Program that will assist you in keeping these valuable benefits in place for your staff.
What: MMA paid 50% of your insurance premiums for you and your employees for the month of May 2020. This will apply to all MMA/MetLife coverages — dental, life, short-term and long-term disability, and vision.
How: Your regular invoice for May will show the full premium owed. Simply pay 50% of the current charges for May 2020, along with the full amount of any past due balance and adjustments. If you are set up for ACH payments, we will automatically reduce your draw to 50% of the premium owed. MMA will pay the other 50% of May 2020 premium for you! Your June 2020 invoice will show your May charges paid in full.
Who is eligible: All insured member companies that are current in their premium payments. All premiums owed through April 2020 must be paid by 4/30/20 in order to qualify.
Why we are doing this: As you know we have worked hard to manage this program over the years, an effort which has resulted in outstanding rate renewals — 0% increases over the last 4 years. In addition, we have been able to build program reserves for a rainy-day fund. That rainy-day has come. Your employees’ benefits are very important to them — now, more than ever. We want to do everything we can to help maintain those benefits for you and your employees in this time of extreme need.
Please be advised that if your employees contribute toward the cost of their benefits, you may need to adjust your payroll deductions to offset for this premium reduction.
Thank you for your continued participation in the MMA/MetLife program. Please contact MMA's Brenda Nalett, at 517-487-8512 or email@example.com, or your dedicated Account Representative if you should need any further information or assistance. We will continue to work remotely to assist you through this crisis.