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.
To qualify, a credit union must be based in Minnesota and a member of the Minnesota Credit Union Network (MnCUN). A CUSO is eligible if it is partly owned by a MnCUN Member credit union and is headquartered in Minnesota. For more details and to request a quote, please visit the Minnesota Credit Union Employees Benefits Plan page. Comments are closed.
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