Vba Benefits Corporation

• This employer files 2 health plans for this group; we judged them together.

1. State Bankers Association Group Insurance Trust · 5,666 people · Insured · state rules

   • Medical insurance bought from Hartford Life And Accident is on file, covering about 57 people.
   • The filing says all benefits are paid through insurance contracts.

2. Virginia Bankers Association Group Medical and Dental Trust · 4,761 people · Self-funded · federal rules

   • The filing lists stop-loss insurance (Anthem). Employers buy stop-loss only when they pay claims out of their own money.
   • No medical insurance contract is on file (Schedule A).
   • The filing says all benefits are paid through insurance contracts.
   • Anthem is paid to process this plan's claims (Schedule C), the usual setup when an employer pays claims itself.

Double-check in 30 seconds: “Self-funded”, “administered by” or “ASO” on your card or plan summary means self-funded. “Insured by” or “underwritten by” means insured.