Late last week, the Vermont Department of Financial Regulation announced it had 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.