The MBA Story

The Armed Forces Enlisted Benefit Association was founded in 1956 as a nonprofit association. The founders were aware that enlisted persons did not have access to the same benefits as military officers and wanted to provide some of these benefits. The Association was organized to promote the welfare of its members, to advance and safeguard their economic interests and to improve their financial conditions through cooperative enterprises. In 1963, the name was changed to Military Benefit Association (MBA).

In 1964, military officers became eligible; in 1981, federal civilian employees were added to the association; and in 1994, we opened our membership to spouses of personnel who qualify for membership. In 2007, MBA added honorably discharged veterans of the Uniformed Services and adult former dependents of MBA members to the eligibility list. Through gradual expansion of its membership eligibility, MBA has grown into an association that serves the entire military and federal civilian communities.

Insurance Programs

Members are currently able to purchase these top quality life and health insurance plans:

• MBA Term 90 and Level Term II. These two group term life insurance plans are superior to Servicemembers Group Life Insurance (SGLI) and Veterans Group Life Insurance (VGLI) in many ways. They have competitive premium rates, and you can take the insurance with you when you enter civilian life. Your spouse can become a member, ensuring continuing coverage for the family in the event of your death.



• Veterans Patriot Term Life Plan offers coverage at competitive rates for honorably discharged members of the Uniformed Services (visit www.militarybenefit.org to check availability in your state).



• NexGen Dependent Term Life offers increased coverage on your dependent children and guarantees coverage up to $100,000 as they transition to adult former dependent status at age 25.



• Decreasing Group Term plan with monthly income payment options for 15, 20 or 25 years; and



• A comprehensive, affordable TRICARE Supplement Plan. This is one of the most competitive programs available for military members and retirees.

Members can increase their coverage as their needs change, and they can keep their coverage when they separate or retire from government service. The insurance plans are underwritten by Government Personnel Mutual Life Insurance Company (GPM), located in San Antonio, Texas. GPM is a company with a proud history of 72 years serving the military community.

Member Benefits

At MBA, we are engaged in cooperative enterprises to enhance the financial conditions of our members. In that regard, members may take advantage of the following beneficial programs:

• MBA Goldshield Benefit Program
  
  
  • Roadside Assistance
  • Legal Referral
  • Retail Pharmacy & Mail Order Pharmacy Card
  • Vitamins & Nutritional Supplements
  • Aids to Daily Living
  • Vision Network
  • Hearing Aid Benefit
  • Diabetes & Respiratory Supplies
  • Alternative Medicine Discounts
  • Chiropractic Referral
  • Telecounseling



• MBA Scholarship Program awards five $2,000 scholarships to eligible dependent children of members every year.



• VALoans.com provides expertise and assistance with residential financing.



• Hertz Discount Program offers special rental car pricing for MBA members.



• US Bank Visa Credit Card for members does not charge an annual fee.

We are always seeking new benefits to promote the welfare and safeguard the economic interests of our members through cooperative enterprises.

Board of Directors

The decisions which affect the welfare of MBA members are made by a Board of Directors who are in the military or have served in the military and know the concerns of their fellow Service members.

There are seven elected persons who serve on the Board of Directors; six of the Directors are active duty members. Of these six, three are enlisted personnel and three are commissioned or warrant officers. An associate member also serves on the board. No more than two of the seven directors may represent any one branch of the Uniformed Services.

An annual meeting is held the third Friday of October to elect directors and to transact such other business as may properly come before the meeting. All members are invited to attend the annual meeting.

For More Information

If you would like more information about MBA, our insurance programs and our member benefits, please visit our website at: www.militarybenefit.org or call us toll free at 1-800-336-0100.