MADISON, Wis. (2/15/13)--CUNA Mutual Group is partnering with Digital Benefit Advisors (DBA) to help credit unions navigate the Affordable Care Act (ACA) and shape their employee benefits strategy.
The U.S. Supreme Court upheld the act in 2012, and many of the law's key elements will take effect beginning in 2013.
"Health care reform is changing the way businesses offer and fund employee health plans," said Brad Pricer, CUNA Mutual Group senior manager of employee benefits. "Regardless of whether a credit union opts to offer employee health insurance going forward, it will need to take action to ensure it is compliant with the new law."
When the ACA became law in 2010, CUNA Mutual Group provided credit unions with an overview of the law and its impact. Through the partnership with DBA, CUNA Mutual Group will expand the resources available to credit unions to help them understand changes and when and how to best modify their current employee benefits packages.
DBA is the largest division of Digital Insurance, an employee benefits agency specializing in insurance for small businesses and mid-sized companies.
"This partnership is another example of CUNA Mutual Group's commitment to delivering best-in-class solutions to credit unions," said Robert Trunzo, CUNA Mutual Group Insurance and Financial Services president. "Digital Insurance is the nation's largest and most technically advanced employee benefits-only agency, and its expertise--combined with our focus on individual credit unions--will bring added capabilities to help credit unions address a significant business need."