Breaking News!

October 19, 2018

The Department of Financial Regulation Approves Two Association Health Plans in Vermont

The Vermont Department of Financial Regulation has approved licenses for two Vermont-based associations to offer 2019 health plans to sole proprietors and employers with 100 employees or less. The Associations are:

Both associations are offering multiple plans designed to complete with the Exchange's Gold and Silver metal level plans. These plans, also known as Association Health Plans (AHPs), cover all the Essential Health Benefits and state mandates. The premium rates for these plans are, on average, less expensive than the Exchange rates.

The Richards Group is happy to provide its clients with a customized benefit analysis and model potential cost savings by enrolling in either one of these AHPs for 2019. If you haven't already heard from your Account Manager, please let us know.

If you are not currently a client and would like to learn more about these Plans, please call us at 1-800-222-6016 or send us an email at sbubenefits@therichardsgrp.com.

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Better Benefits. Better People.
Better for Your Business.

A key component to every successful business is its ability to find and retain great employees—after all, they’re the ones that help keep your business moving every day. One of the best ways for you to do this is to offer your employees a competitive benefits package as a form of compensation.

With a staff of 23 in our Employee Benefits Division, we are spread throughout Vermont in Chittenden, Bennington, Orange, Windsor, Windham and Rutland Counties and in Keene, NH. At The Richards Group, we understand how important it is to strike the right balance between what you provide for your employees and how much it affects your company’s bottom line. That’s why we’ll work with you as a partner and extension of your team to develop a comprehensive and affordable employee benefits program that will give you a strong, competitive edge. As the region's leading resource to help you understand the effects of healthcare reform and its' implications, we're here to help.  Our strategy is uniquely focused to help make your organization a Best Place to Work.  The Richards Group and many of our clients hold this endorsement.  Using a steering wheel approach, we pilot our clients 360 degrees navigating risk management, compliance, work site wellness, human resources, payroll and leadership development.




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