Insurance Updates

Moving forward this summer the Insurance and Benefits Trust of PORAC (IBT) will take over full administrative duties from Myers-Stevens-Toohey & Co. Inc. (MST).

For the last 33 years, the IBT has been offering disability, life, accidental death and dismemberment, and vision and dental plans to law enforcement and their families administered though MST. The IBT has always been about cops working for cops, and with this shift to bring administrative duties in-house, the IBT is living up to that commitment.

In addition to premium payment collection, the only administrative change for members will be that the IBT is now your point of contact for any inquiries related to applications, member enrollment, updates to your information and benefits. By bringing the direct administration of the above-mentioned plans in house, the IBT will be able to generate long-term cost savings while increasing customer service and responsiveness. We will also be able to provide more direct oversight. We want to ensure this transition is as smooth as possible and to minimize any potential disruptions to your service.

In addition to the changes to disability, life, accidental death and dismemberment, and vision and dental plans the IBT is happy to announce that our health plan team now has more representatives available than ever to assist with your needs.

This is especially important as CalPERS has announced their open enrollment dates. The 2024 CalPERS Open Enrollment period will run from September 16, 2024 to October 11, 2024.

The Board of Trustees will be meeting in the coming months to establish rates for the 2025 coverage year. Please look for more information in the coming issues to stay informed on the 2025 rates.

As always, the IBT thanks PORAC members and its participants for supporting the IBT’s benefits. The IBT will continue its commitment to serving its participants and we look forward to serving you and your family’s insurance needs now and into the future.

If you have any questions or concerns, feel free to reach out to your Region Trustee or the IBT at (800) 655-6397. We are looking forward to working with you!

Featured in the July 2024 issue of PORAC Law Enforcement News.

To allow for technical development and to ensure a smooth transition for our members, we will continue to utilize the services of Myers-Stevens & Toohey (MST) through the end of the year.

Dental/Vision premiums should continue to be sent to MST. If you have submitted a Dental/Vision premium to the Insurance & Benefits Trust (IBT) that is acceptable. The IBT is working in partnership with MST and your premium will be accepted and processed.