The Minnesota Credit Union Employee Benefits Plan is an association health plan through which Minnesota credit unions and credit union service organizations (CUSOs) can offer health benefits to their employees. The plan utilizes the cooperative model by allowing eligible credit unions and CUSOs to come together, as if they were one large employer, to purchase and offer benefits. By coming together like this, credit unions and CUSOs have more bargaining power, can reduce cost and risk volatility by spreading those costs and risks over a larger group, and have more options to offer employees and their families.
The plan is currently fully-insured through Medica. The goal is to become self-insured, which among other things helps to further reduce costs and volatility, provides additional flexibility in plan designs, and will give participating employer groups more control over benefits. This goal is achievable, but it cannot be achieved unless credit unions and CUSOs come together and join the plan.
To be eligible, a credit union must be headquartered in Minnesota and a member of the Minnesota Credit Union Network (MnCUN). A CUSO is eligible if it is owned, at least in part, by a MnCUN Member credit union and is headquartered in Minnesota. Please see the information below, including information on how to receive a quote.
Once your plan starts, register on mymedica.com to manage your health plan. Order ID cards, find out what's covered, track your claims and more!
Medica offers a robust health & wellness plan to help encourage and motivate credit union employees to reach their wellness goals.
Offers instant savings for buying healthy food from select locations including, Cub, Walmart, Lund’s & Byerly’s and more.
Your Rights and Protections Against Surprise Medical Bills
Frequently Asked Questions
Pre-enrollment site: learn more about the Plan Options, Provider Networks, Wellness Programs and more. Contact Medica’s dedicated customer service team at (855) 857-2045 with any questions about the Plan offerings.
Instructions for receiving a quote (.pdf) - follow these instructions on how to receive a health insurance quote from the Plan for a quote for ancillary benefits from Guardian Life Insurance Company. With questions regarding the quote process, please contact Jessie Hunt, Sales and Marketing Coordinator for Capstone Administrators at (317) 793-2915 or firstname.lastname@example.org.
September 19, 2019: Overview of plan, request for quote and enrollment process.