PORAC’s
Insurance and Benefits Program provides a wide variety of group and
individual insurance plans for PORAC members to purchase. Coverage and
products available include:
Long
Term Disability, Accidental Death & Dismemberment, Term Life,
administered by Myers Stevens. Cancer, Intensive Care, Personal Short
Term, Accident Expense, Recovery Plus and Sickness Indemnity Plans,
Voluntary Indemnity and Dental Insurance through AFLAC. Auto and Homeowners Insurance
administered by A+ Insurance. Preferred Provider Health Insurance,
administered by Blue Cross plus many more. PORAC membership includes
some benefits free of
charge!
PORAC’s
Insurance and Benefits Program is administered and overseen by a Board
of Trustees /Committee Members representing: each of PORAC’s four
regions, the Board of Directors the
PORAC President or
designee, and Retiree Appointee.
This dedicated group of elected/appointed volunteers are
committed to the continued efforts of offering members the best benefits
possible at the most affordable rates.
A unique aspect of PORAC’s Insurance and Benefits plans and products
is that they are specifically designed for safety employees. In addition
to outstanding coverage, participating members are provided with
Insurance and Benefits Board intervention, as required. In the event
that a member must dispute a decision made by a contracted insurance
company, the Trustees/Committee Members will act as a valuable advocate
on their behalf.
In 1963 the concept of offering group insurance plans to members was
first presented at the Annual Conference. Upon approval by the
Conference body, staff and Myers-Stevens (brokers of PORAC’s first
group insurance plan), began to market PORAC’s newest benefit. This
was the beginning of a vital component of PORAC.
The
Trust
Going
forward almost 30 years, a major change occurred. On June 21, 1991 the
governing Committee established the Insurance and Benefits Trust. The
Trust was formed to administer PORAC’s various disability, health, and
life insurance programs. Set up as a VEBA (Voluntary Employee Benefits
Association) IRS code 501(a), the purpose of the Trust is to provide for
death, sickness, accident or other benefits to PORAC members or their
beneficiaries. Benefits are guaranteed through the Trust’s
responsibility to hold plan assets for the exclusive purpose of
providing such benefits. Today, the combination of both entities make up
the Insurance and Benefits Trust and the Insurance and Benefits
Committee of PORAC (the "I&B").
PORAC’s Insurance and Benefits Program provides a wide variety of
group and individual insurance plans for PORAC members to purchase.
PORAC serves as the administrator of the Insurance and Benefits Trust.
The Insurance and Benefits office is staffed by a full time Manager,
an Administrative Assistant and two LTD Claims Analysts.
PORAC
Insurance and Benefits Program
4010 Truxel Road, Sacramento, California 95834-3725
Phone: 1-800-937-6722
E-mail:
