“Coming together is a beginning. Keeping together is progress. Working together is success.”
– Henry Ford
If you are on the board on an association such as a local Chamber of Commerce all the way up to a national association, a recent Executive Order by President Trump might provide a great benefit to your members. According to the October 12th “Presidential Executive Order Promoting Healthcare Choice and Competition Across the United States” business associations no longer will have to have a “commonality of interests” and be within the same state to be able to offer association health plans (AHP) to its employer members. This change in the current healthcare regulations could mean better insurance options to small and medium-sized businesses that are stuck with high premiums and low options as a result of the Affordable Care Act.
If you are looking for a truly meaningful benefit that will help you attract members to your association, you should contact a benefits consultant like BenefitCorp to see if how the new regulations might help your association. Not only will access to plans across state lines be available to businesses and nonprofits who belong to certain associations but many of the minimum requirements for health insurance coverage under the previous administration will no longer apply. To learn more, subscribe to the BenefitCorp podcast or call the office today.