Health Care Plans
We have partnered with the Kentucky Chamber of Commerce to offer the ChamberAdvantage health plan to business partners. With healthcare costs continuing to rise, many employers find themselves struggling to offer health benefits to their employees. The ChamberAdvantage Plan is designed to help businesses save money on healthcare premiums while providing quality care to their employees. All Kentucky health insurance companies are now able to sell the ChamberAdvantage Plan. In order for businesses to participate in this plan, they must meet the employment requirements and be able to verify Chamber partnership
ChamberAdvantage, in collaboration with Anthem Blue Cross and Blue Shield, is a self-funded option available to businesses with 2 to 50 employees. The plan provides smaller employers the opportunity to join together in a larger, self-funded pool and share in the overall claims risk while receiving financial protection backed by Anthem’s stop-loss coverage.
By utilizing a larger risk pool of several employers verses a small risk pool for a standalone employer, small businesses enrolled in ChamberAdvantage are able to achieve more predictable pricing, greater flexibility in benefit design and potential savings of as much as 25 percent compared to plans available through the Affordable Care Act (ACA) marketplace.