I don’t care to belong to a club that accepts people like me as members.
– Groucho Marx
If you are a business owner or Human Resources Director, you might think that you have limited health plans available to your employees. Even with parts of the Affordable Care Act falling by the wayside, businesses with 5 to 5,000 employees simply don’t have the “law of large numbers” necessary to bring rates down. At least that’s the way it used to be.
On January 5, 2018, the administration clarified the “Presidential Executive Order Promoting Healthcare Choice and Competition Across the United States” to state that Association Health Plans (AHPs) could pool their membership across state lines. Furthermore, the AHPs could be creative in their offerings, utilizing products like subscription-based healthcare and healthcare captives. To find an association that offers the best product mix for you, contact a BenefitCorp consultant for more information.