Dear Member:

This is to provide you with an update on the initial communication from the Insurance and Benefit Trust of PORAC (IBT) sent to member association boards on April 9, 2024, concerning the IBT taking over full administration from Myers-Stevens & Toohey Co., Inc. (MST), effective July 1, 2024.

Additional time was needed to be able to affect a smooth transition. As such, we are working through an agreement with the IBT whereby MST will continue to provide the same service to members we always have up through 12/31/2024. We expect the formal agreement to be executed within the next few days.

What this means for you is that all premium payments for the dental and vision program should continue to be sent directly to MST at 26101 Marguerite Parkway, Mission Viejo, California 92692.

If you have any questions or concerns, feel free to reach out to the IBT at (800) 655-6397 or MST at (800) 827-4695.

Additional update to be provided shortly.

Sincerely,

Richard Buss, Chairman