Chamber launches association health plan
The Greater Oklahoma City Chamber today launched an association health plan that will provide small businesses throughout Oklahoma greater choice in health care coverage.
“Greater Choice Oklahoma will offer an alternative for small businesses to purchase health insurance with the buying power and flexibility of a large business,” said Roy Williams, president and CEO of the Chamber. “This plan offers quality benefits and ease of purchasing, bringing more innovation and more choice to the market.”
Coverage, provided by UnitedHealthcare, will be available beginning Jan. 1, 2019, to businesses statewide. To be eligible, the business must have two to 50 employees, and be a member of the Greater Oklahoma City Chamber or any other Chamber of Commerce statewide that is also a member of the Greater Oklahoma City Chamber.
Unlike current insurance plans being offered to small businesses under the Affordable Care Act (ACA), small businesses can take advantage of large group pricing under these new plans. These are now available to small employers because of recent changes to U.S Department of Labor regulations.
When it comes to health insurance, “the regulatory burden on small businesses should certainly not be more than that on large companies,” Labor Secretary Alexander Acosta said during a June press conference announcing the new regulations.
For more information about the program, visit GreaterChoiceOK.com or call 405-297-8949.