Member Benefits, the administrator of the Texas Bar Private Insurance Exchange, introduces long-awaited Members Health Plan (MHP) for Texas law firms.
Austin, TX— After years of building member participation in the Texas Bar Private Insurance Exchange, administrator Member Benefits is introducing a new health plan option for Texas law firms. Different than traditional group health options, the Members Health Plan (MHP) is a multiple employer self-funded health benefits trust exclusively for Lonestar state law firms and their employees. Through the MHP, participating law firms will join together to pool their risk as one large multiple-employer group.
This plan aims to not just lower the cost of healthcare benefits but also reduce administrative fees and grant access to a wider variety of potential health plan benefits.
Member Benefits President and CEO Earl “Chip” Trefry Jr., CLU had this to say about the launch: “This has been over two years in the making and we’re all very excited to see it come to fruition.”