REGION – Business Resource Services announced that it will offer new Association Health Plans through BlueCross and BlueShield of Vermont.
The approval of BRS’ license application by the Department of Financial Regulation paves the way for AHPs in Vermont. “We appreciate the significant work of Commissioner Pieciak and his team at DFR to enact rules and review our license application under such severe time constraints,” says Mitch Fleischer, president. “It was crucial to Vermont that this health insurance alternative be available to small businesses as soon as possible.”
AHPs allow small businesses, including self-employed workers, to band together by geography (or industry) as if they are one single entity thereby creating a larger risk pool, greater security, and potentially lower costs.
BRS, in collaboration with BCBSVT, designed four health plans that include a wellness component. These plans will be offered to BRS members with their principal place of business in Vermont and 100 or fewer full-time employees. Fleischer remarked, “BRS has a long history of partnering with BCBSVT so we were excited to do so again and to provide such a meaningful opportunity for small businesses.”
Don George, BCBSVT’s president and CEO said, “BCBSVT is pleased to partner with BRS to offer small businesses new health care coverage options while improving the health and wellness of Vermont employees, all at a lower cost.”
Open enrollment for BRS AHPs runs from Nov. 1 to Dec. 15 for coverage effective Jan. 1, 2019.
BRS has been providing business solutions to members for over 30 years. More information about BRS and Association Health Plans can be found at www.brsvt.com.