Chambers of commerce once again to offer health insurance plans

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Chambers of commerce once again to offer health insurance plans

Fri, 10/12/2018 - 5:10pm -- tim

Vermont Business Magazine The Vermont Association of Chamber of Commerce Executives announced Friday that its organization will once again be offering a variety of health insurance plans to its 29 chambers and many members throughout the state for the first time since 2013. The statewide chamber organization will partner with BlueCross BlueShield of Vermont to provide three separate plans to businesses, ranging in size from 1 to 100 employees: the VACE Advantage 100 percent Health Savings Account, the VACE Advantage Copay and the VACE Advantage Copay HSA.

“Our organization is extremely pleased to offer these three competitively priced insurance plans, which provide added value to businesses joining their chambers,” said Darcie McCann, whose chamber group has been working with the Vermont Chamber, The Richards Group, BlueCross Blueshield and the Vermont’s Department of Financial Regulation to get these plans reviewed and approved. “Our intent from the beginning has been to not compete with Vermont Health Connect but complement the many fine plans the state offers already.”

McCann, also the director of the Northeast Kingdom Chamber, noted these new insurance plans will be especially attractive to independent contractors, sole proprietors, young professionals, employee-based companies from 1 to 100 and those on the bubble, not receiving any financial or premium assistance from the state.

The statewide chamber organization plans to offer the plan immediately, with open enrollment starting Nov. 1 and ending Dec. 15. The chamber association also offers two very affordably priced dental plans and a vision program that are available to chamber members in Vermont.

“We are extremely excited to offer these great plans to the businesses of our state,” she said. “At one time, our chamber health insurance plan served more than 17,000 Vermonters and was an $81-million program. We know how to run an efficient, seamless and affordable healthcare program and have an amazing team in place to handle the stream of businesses that we know will be interested in these plans.”

McCann singled out Vermont Chamber’s Betsy Bishop, Shannon Wilson and Karen Winchester, The Richards Group’s Tom Scull and Jessi Jacobs and fellow board members Ed Stahl (former Stowe Area Association director), Bill Moore (Central Vermont Chamber director) and Tom Torti (Lake Champlain Chamber director) for their “tireless work” into readying this plan for implementation. “We could not have done it without them,” she said.

Business Resource Services, which also previously offered association health insurance, announced Friday that it would renew insurance offerings through Blue Cross.

The 29 chambers that can offer these insurance plans to its members are the Franklin County Regional Chamber of Commerce, Jay Peak Area Chamber of Commerce, Lamoille Region Chamber of Commerce, Northeast Kingdom Chamber of Commerce, Swanton Chamber of Commerce, Heart of Vermont Chamber of Commerce, Lake Champlain Regional Chamber of Commerce, Lyndon Area Chamber of Commerce, Stowe Area Association, Vermont’s North Country Chamber of Commerce, Addison County Chamber of Commerce, Central Vermont Chamber of Commerce, Killington Pico Area Association, Mad River Valley Chamber of Commerce, Poultney Area Chamber of Commerce, Brandon Area Chamber of Commerce, Hartford Area Chamber of Commerce, Cohase Regional Chamber of Commerce, Okemo Valley Regional Chamber of Commerce, Rutland Region Chamber of Commerce, Vermont Lakes Region Chamber of Commerce, Woodstock Area Chamber of Commerce, White River Valley Chamber of Commerce, Bennington Chamber of Commerce, Dorset Chamber of Commerce, Southern Vermont Chamber of Commerce, Brattleboro Area Chamber of Commerce, Great Falls Regional Chamber of Commerce and the Vermont Chamber of Commerce

Interested businesses may contact these chambers for more detailed information on the insurance plans, a list of insurance agents that can sign them up or details on how to join that organization.

Source: Vermont Association of Chamber of Commerce Executives 10.12.2018