Iowa Bankers Association Iowa Bankers Mortgage Corporation
Iowa Bankers Insurance
and Services
8800 NW 62nd Avenue
PO Box 6210
Johnston, IA 50131
Toll-Free: 800-532-1423
Fax: 515-286-4214

IBBP Customer Service:
    800-258-1415
125 Claim Fax:
    515-286-4244
IBBP Billing Fax:
    515-286-4369

Agent Customer Service:
    800-775-8858

Health Insurance

Health Insurance

The Iowa Bankers Benefit Plan (IBBP) has a long history of providing cost-effective health insurance benefits to the employees of participating employers and their dependents. Participation in the IBBP is limited to employers that are financial institutions domiciled in the State of Iowa and their branches located outside the State of Iowa.

The IBBP offers health insurance through Wellmark Blue Cross and Blue Shield of Iowa (Wellmark). Wellmark Blue Cross and Blue Shield of Iowa provides health insurance to over two million members in Iowa and South Dakota. As a member of the Blue Cross and Blue Shield Association, Wellmark Blue Cross and Blue Shield of Iowa is part of a national network of 39 plans that insures more than 99 million people—or nearly one in three Americans—in all 50 states, the District of Columbia, and Puerto Rico.

Iowa Bankers Insurance and Services, Inc. (IBIS) manages all the administrative functions for the health plan, including customer service, and contracts with Wellmark for provider service contracting and claims processing.

Three Tier Health Plan Options

The IBBP currently offers three tier health plan options through Wellmark’s Alliance Select PPO Plan: single, employee/child, and family. You can choose from the following plan designs with different deductibles and out-of-pocket maximums to best meet your needs and the needs of your employees. The deductible and out-of-pocket maximum for the tiers above single coverage are two times the single deductible and out-of-pocket maximum for each plan, with the exception of the $500 deductible plan, which is three times the single deductible.

All plans include chiropractic benefits and all plans include one routine vision exam annually, subject to the provisions of the plan including applicable out-of-pocket costs. A routine vision exam includes a contact lens fitting, and the plan covers eye refraction charges billed in addition to the vision exam.

 

  • Single/Family: Deductible $500/$1500, Out-of-pocket maximum $1500/$3000
     
  • Single/Family: Deductible $1000/$2000, Out-of-pocket maximum $2000/$4000
     
  • Single/Family: Deductible $1500/$3000, Out-of-pocket maximum $3000/$6000
     
  • Single/Family: Deductible $2000/$4000, Out-of-pocket maximum $4000/$8000
     
  • Single/Family: Deductible $2000/$4000 HSA-Qualified High Deductible Health Plan (HDHP)
     
  • Single/Family: Deductible $3500/$7000, HSA-Qualified High Deductible Health Plan (HDHP)
     
  • Single/Family: Deductible $4500/$9000, Out-of-pocket maximum $6350/$12,700
     
  • Single/Family: Deductible $5500/$11,000 HSA-Qualified High Deductible Health Plan (HDHP)


Wellmark Alliance Select PPO Plans

The features of Wellmark’s Alliance Select PPO Plan include:

  • The plan offers access to an extensive provider network and the freedom to see any provider and still receive benefits. In Iowa, 100% of hospitals and 99% of physicians are in the Alliance Select Network, and nationwide more than 90% of hospitals and 80% of doctors are in the BlueCard out-of-state network.
     
  • The plan provides direct access to any hospital or provider with no referral requirements.
     
  • In-network providers offer lower out-of-pocket costs, file claims, and fulfill notification requirements.
     
  • A majority of the deductible plan designs listed above use coinsurance, which means your employees pay a certain percentage of the provider’s billed charge for office services up to the out-of-pocket maximum. For example, if the coinsurance is 10% for an in-network provider, your employee would pay 10% and the health plan would pay 90% for office-based services. Most other services are subject to a deductible (the amount your employee must pay before insurance begins paying, for example, $500, $1000, $1500, or $2000) and coinsurance. 
     
  • The plan design includes coverage for preventive care, office visits, lab work and X-rays, surgery, hospital stays, and prescription drugs.
     
  • Prescription drug coverage is Blue Rx Preferred, a prescription drug card program with a tiered copayment structure. This means the cost of the drug varies according to the tier the drug is on to encourage the use of generic or lower-priced drugs. (For example, the copayment might be $10 for a generic drug and $40 for a name brand drug.) Blue Rx Preferred provides access to a large pharmacy network that includes both national retail chains and independent pharmacies. Your employees also have the option to fill prescriptions via mail service.
     
  • The plan has no lifetime maximum for benefits.


Health and Wellness Programs

The plan includes health and wellness programs to help your employees manage and maintain their health at no additional cost. These programs include:

  • BeWell 24/7 — Telephone support 24 hours a day, 365 days a year. Provides access to a nurse or other health professional for care navigation, nurse support, decision support, and health advocacy.
     
  • Condition Support — Interventions and support to help people with chronic conditions, such as diabetes and asthma, learn self-management skills.
     
  • Case Management — Interventions and support to maximize benefits for members facing a serious illness, surgery, or injury.
     
  • Pregnancy Support — Provides information and personal support through all stages of pregnancy and after delivery. Moms-to-be are identified for the program through claims information, physician referrals, or they can enroll voluntarily.
     
  • Online Wellness Tools — Web-based assessment tools and programs designed to help members assess, maintain, or improve their health.
     
  • Utilization Management — Programs designed to help manage overall medical spending.

Forms, Resources, and Questions

If you provide your employees with health insurance through the IBBP, you can access the Summary Plan Description (SPD) for your health insurance coverage, as well as related forms and other resources, by logging into the IBIS Administrator Website.

If you have questions about the health insurance coverage you offer through the IBBP, please contact your IBIS Marketing Representative at 800-532-1423 or IBIS Customer Service at 800-258-1415.
 

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Mid America Banking Insurance Services, Inc., a subsidiary of IBIS, provides insurance programs to banks outside of Iowa. 

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Iowa Bankers Mortgage Corp. (IBMC) offers the products & experience Iowa banks need in the secondary mortgage market.

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The Iowa Bankers Association (IBA) is dedicated to serving Iowa banks and their employees.

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