In 2016, the Tennessee Dental Association started discussions on forming a TDA Member Health Plan through a self-funded trust (TD Consortium Benefits Trust or TDCBT). This trust, commonly referred to as a Multiple Employee Welfare Arrangement or MEWA, was formed and approved in December 2016 and began offering coverage to members on October 1, 2017.
This plan pools TDA members together to give small TDA member employers the opportunity to take advantage of benefits normally reserved for only large employers.
We are now excited to announce that the TDCBT Health Plan will now be administered by Aetna.
“This is exciting news. Since the inception of this plan, we have heard from members that they would like a nationally known network and administrator. This brings the membership that and more.”
Jeff Smith, Treasurer, The TDA Insurance Agency
The TDCBT has expanded to 10 Health Benefit Plan options, along with 3 Prescription Drug Plan options. It provides a more traditional PPO program with in and out-of-network benefits. Aetna is a nationally recognized provider and has a strong network of providers in Tennessee. They also bring the Aetna One Advocate Concierge service to assist members.
The new plan is available as of October 1, 2020 and current members of the TDCBT plan will be rolling to the new plan January 1, 2021.
Please contact TDA Insurance today at 800-347-1109, TDA@assoc-admin.com or visit www.TDAHealthPlan.com. They will be able to provide more information regarding the plan benefits, as well as work with you and your employees to provide a quote to compare to your current plan. We have seen as much as 30% lower costs. One Southeast Tennessee dentist commented that this health plan has saved him his dues for many years to come.