As its name implies, the Massachusetts Bankers Association (MBA) supports and advocates for the banking community in Massachusetts and New England.
In addition to education and training support, MBA acts as a united voice propelling member success in the dynamic financial industry. This includes helping members stay competitive. To do this, MBA partners with VSP® Vision Care to provide access to high-quality, customizable vision benefits.
Watch how this association partnered with VSP Vision Care to offer their member banks access to high-quality, customizable vision benefits and how these benefits help them attract and retain employees. View the full video or see the transcript.
For any industry, having an excellent vision benefits package has never been more critical. Unfortunately, just 66% of HR leaders say their company offers vision coverage.* This is alarming, as more than half of employees without vision benefits are “seriously considering” finding a job that provides them.
9 out of 10 employees say it’s important for their employer to provide vision benefits.*
In an era when attracting and retaining top talent is more challenging than ever, MBA not only equips members with essential financial services but also with the competitive benefits they need to build the best workforce.
“Our members tell us that finding and retaining talent is one of their top priorities, so we want to
provide the tools to assist them in doing so.”
– Kathleen Murphy
MBA President & CEO
To ensure members have flexible, convenient, cost-effective options, MBA offers two VSP plans which include good benefits and affordable access to eyewear and eye care—a standard plan and the VSP EasyOptions plan, which delivers additional coverage and value.
“81 of our 102 (~80%) member banks subscribe to a VSP insurance plan. This shows that it's a valuable
service. It's something we’ll continue to offer because there's demand and a need for it.”
– Tanya Duncan
MBA Executive VP of Revenue & Strategy
For many MBA members, vision benefits are now a standout feature that helps them recruit new talent and retain top-performing staff.
For over 30 years, Massachusetts Banking Association has partnered with VSP, and according to Scott Gorman, it’s one they plan to keep for many more.
“We have a great relationship. We appreciate the support and the pricing couldn't be better. The coverage
is fantastic. And with that, we expect to continue the relationship for years to come.”
– Scott Gorman
MBA Vice President, Administration, Group Insurance Trust
As MBA continues to advocate for and support member banks, the focus remains on enhancing the quality and accessibility of employee benefits. This approach aids in retaining talent and positions member banks as preferred employers in the competitive financial industry landscape.
Did you know that 74% of employees and 92% of HR leaders are unhappy with their company’s vision insurance?* Luckily, better benefits are out there—and adding them to your business means big benefits when it comes to recruitment and retention.
Reach out to see how we can help you improve or add vision benefits to your current offerings.
Celebrating 70 years in business, VSP was founded in 1955, and today is the largest vision insurance company in the United States. As the only national not-for-profit vision benefits company, VSP Vision Care provides access to eye care for over 88 million members through a network of more than 42,000 doctors.
Legal Disclaimer: Information received through VSP Vision Care's online channels is for informational purposes only and does not constitute medical advice, medical recommendations, diagnosis, or treatment. Always seek the advice of your physician or other qualified health provider with any questions you may have regarding a medical condition.