19473_Authority_Oct-opt

municipalauthorities.org │ 39 with the PSATS Trustees Insurance and Retirement Services. Through this collaboration, PMAA members will gain access to health insurance and retirement plan options tailored specifically to the needs of public- sector employers. For more than 65 years, the PSATS Trusts have served thousands of municipal officials, employees, and families with high-quality benefit programs tailored to local government needs. These include: ŽŵƉƌĞŚĞŶƐŝǀĞ ŚĞĂůƚŚ ŝŶƐƵƌĂŶĐĞ ŽƉƟŽŶƐ — Underwritten by Aetna, with vision and hearing options through NVA, PMAA members now have access to: • Medical plans; • Medicare-integrated options; • Dental coverage; • Prescription programs; and • Vision and hearing benefits. Even small authorities, including those with only one full-time employee, can secure dependable, affordable coverage. This is where the PSATS Trusts truly stand apart. Many municipal authorities are considered difficult to insure because of their small employee populations. In the traditional commercial insurance marketplace, these groups often face extensive underwriting requirements, participation restrictions, additional paperwork, and limited plan choices. Some carriers simply choose not to pursue these small groups at all. The PSATS Trusts specialize in serving these traditionally underserved municipal employers. While many small authorities find themselves swimming upstream when seeking competitive benefits, the Trusts are specifically designed to meet their needs through guaranteed- issue health plan options, minimal underwriting requirements, streamlined administration, consolidated billing, and dedicated customer service. This approach makes it easier for authorities to focus on serving their communities, rather than navigating insurance red tape. ZĞƟƌĞŵĞŶƚ ƉůĂŶƐ ďƵŝůƚ ĨŽƌ ŵƵŶŝĐŝƉĂů ĞŵƉůŽLJĞƌƐ — Through HUB International and Nationwide Financial Services, PMAA members can access: • Defined contribution (401-a) plans; • Defined benefit plans; and • Deferred compensation (457-b) plans. Whether an authority is starting a retirement plan for the first time or looking to expand its offerings, the PSATS Trusts can guide you through every step. Tailored to municipal authorities The PSATS Trusts are designed for municipal clients, with programs built around public-sector budgets, workforce structures, and compliance needs. One of the greatest advantages of the PSATS Trusts is the power of pooling. By bringing together municipal employers from across Pennsylvania, the Trusts create purchasing strength that individual authorities could never achieve on their own. This collective approach helps provide access to competitive rates, long-term stability, and benefit options that are often unavailable to small standalone groups. For many authorities with only a handful of employees, obtaining robust health coverage in the traditional marketplace can be challenging. The pooled structure allows even the smallest authorities to benefit from the same buying power, professional plan management, and market presence as larger organizations. The result is access to rich plan designs and comprehensive coverage options without the obstacles that often accompany small- group underwriting. ŽŶƟŶƵĞĚ ŽŶ ƉĂŐĞ ϲϯ͘