MMIA will provide custom rates based on your city's/town's prior 24-36 months of claims data or completed employee health questionnaires. We will give you rate quotes for both your current plan (if you have more than 200 employees) and the MMIA menu of standard plans. MMIA has very low administrative costs and rates reflect what your group will cost the program based on your specific utilization.
There are three options to get a rate quote:
1-3 Employees - Standard rates
4 – 199 Employees – Each employee must fill out a health questionnaire. (Instructions found here.) Once MMIA receives all employee questionnaires, it will take up to 4 weeks to process them and return a quote to the city/town.
Health questionnaires will be handled confidentially. They will be placed by employees in a sealed envelope and returned to MMIA. MMIA will then submit them to Allegiance to begin the underwriting process, based upon which rates will be set. HIPAA will be strictly adhered to during this process. For more information, please see the instructions above.
For any groups that are large enough to get data for 12-36 months in addition to or instead of the health questionnaires, that helps to provide a better quote and can much easier than obtaining questionnaires from a large number of employees.
200+ Employees – Provide MMIA with 24-36 months of claims data from your current TPA or insurer. It typically takes 2-3 weeks from when we receive your complete data to provide a quote.
Rates will be given with a specific effective date in mind. Should your city/town decide to delay joining until after that effective date, new rates may need to be calculated with updated data or new employee health questionnaires.