Lincoln Benefit Trust (LBT)
The mission of the Lincoln Benefit Trust is to manage cost-effective health and wellness programs
for all member entities that meets their organizational needs
while maintaining a strong fiduciary responsibility of member resources.
Who is Lincoln Benefit Trust?
PA School District led consortium formed in 1979 when school districts realized the value and power of collective purchasing. The founding concept centered on leveraging the collective size and resources of a group of school districts to influence the cost, quality and access to healthcare services of their community, region or state.
- Comprised of 22 school districts – representing more than 18,000 covered lives.
- Dedicated to providing value-based health care purchasing initiatives to Pennsylvania public school districts.
- Committed to providing expert knowledge and assistance to school districts in achieving their organizational goals.
As Pennsylvania School Districts seek to keep the cost of rising health care costs down and protect the value of their health benefits, Lincoln Benefit Trust provides expert services:
- Financial Success
- Saving Money – Group Purchasing
- Consumer driven plan designs
- Value Added Services
Whether you are looking to tackle a large medical claims increase or simply reduce your budget, savings from Lincoln Benefit Trust is the best solution!
|Joy Little||Accounts Receivable Clerkemail@example.com||717-624-6547|
|Natalie Kraus||LBT Secretaryfirstname.lastname@example.org||717-624-6492|
|Lisa Smith||Fiscal Assistantemail@example.com||717-624-6619|
Benefit Plan Design
Changing Consumer Behavior
COBRA/Retiree Billing Administration
LBT offers services at a lower cost than third-party providers.
Health insurance rate renewals are often unpredictable and unexpected. For a school district, budgeting becomes extremely challenging.
Health Savings Accounts
Health Savings Accounts are excellent ways to allow employees to save money in a pre-tax interest-bearing account while incurring costs in their high-deductible plan.
LBT Value Added Services
Lincoln Benefit Trust provides COBRA and Retiree Billing Services through their local offices at a lower cost than third-party administrators.
Open Enrollment and Employee Communication
Open Enrollment is the only time each years certain changes can be made.
Saving Money - Group Purchasing
Claims administration can have a dramatic effect on the cost of a health benefits plan.
Section 125 Spending Accounts
LBT offers Section 125 plan document preparation and changes.