Indianapolis Implements New Employee Benefits Program for Small Businesses

Small business owners in Indianapolis discussing healthcare options

News Summary

Indianapolis, Indiana has announced a new partnership through ChamberCare Trust to enhance healthcare benefits for small businesses. The collaboration, involving SIHO Insurance Services, CVS Caremark, and Delta Dental, aims to provide more competitive healthcare options for employees of small companies. This initiative will improve health benefit plans with consistent costs, ensuring small businesses with two to 50 employees can access reliable healthcare services. It is designed to strengthen the health infrastructure for small businesses and meets the needs of the local workforce.

Indianapolis Implements New Employee Benefits Program for Small Businesses

Indianapolis, Indiana — ChamberCare Trust has announced a new partnership designed to enhance healthcare benefits for small businesses within the state. The initiative involves collaboration with SIHO Insurance Services, CVS Caremark, and Delta Dental, aiming to provide more competitive and comprehensive healthcare options for employees of small companies.

Enhanced Benefits Under ChamberCare MEWA

The program primarily targets members of the ChamberCare MEWA (Multiple Employer Welfare Arrangement), offering improved health benefit plans with stable out-of-pocket costs. The changes are intended to create a more affordable and reliable healthcare experience for small businesses with two to 50 employees, aligning with efforts to streamline health care services and improve overall employee wellness.

Network Options and Coverage Quality

Participants will gain access to the TruConnect ChamberCare and First Health networks. These networks boast< misunderstanding base rates=""> high crossover rates of 92% to 95%, ensuring that members can visit most Indiana health providers without concern of losing coverage. All major hospitals within Indiana are included, providing broad access to essential healthcare services.

Cost Stability and Transition Process

The transition to the new benefits will not result in additional financial burdens for employers or employees. Costs such as deductibles and out-of-pocket expenses are expected to remain consistent throughout the switch to the new plan, providing stability and predictability in healthcare spending. Changes related to membership dues collection will be effective beginning October 1, coinciding with the new arrangement with SIHO Insurance Services.

Goals and Broader Context

This initiative is part of a larger effort to improve the local health system through cooperative approaches involving various health organizations and entities. By enhancing the affordability and quality of employee health benefits, the program aims to strengthen the health infrastructure supporting small businesses in Indiana.

Support and Oversight

Employers and members interested in the new benefits can contact the ChamberCare team for assistance, highlighting the commitment to customer support and satisfaction. Oversight of the program is provided by Brett Hulse, who serves as the Plan Administrator for the ChamberCare Trust.

Summary of Key Facts

  • Partnership: ChamberCare Trust partners with SIHO Insurance Services, CVS Caremark, and Delta Dental
  • Benefits: Improved healthcare options with stable costs and enhanced service levels for small businesses in Indiana
  • Coverage Networks: TruConnect ChamberCare and First Health networks, with 92% to 95% crossover rates with Anthem providers, including all major hospitals in Indiana
  • Cost Stability: Out-of-pocket costs and deductibles will remain consistent during the transition
  • Membership Dues: Billing changes take effect on October 1
  • Eligible Businesses: Companies with two to 50 employees
  • Program Goals: Streamlining healthcare options and improving value for small businesses
  • Support: Contact with the ChamberCare team for assistance is available
  • Oversight: Brett Hulse as Plan Administrator

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Additional Resources

STAFF HERE INDIANAPOLIS WRITER
Author: STAFF HERE INDIANAPOLIS WRITER

The INDIANAPOLIS STAFF WRITER represents the experienced team at HEREIndianapolis.com, your go-to source for actionable local news and information in Indianapolis, Marion County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Indianapolis 500, Indy Jazz Fest, and the Indiana State Fair. Our coverage extends to key organizations like the Indy Chamber and Visit Indy, plus leading businesses in motorsports and healthcare that power the local economy such as Indianapolis Motor Speedway and IU Health. As part of the broader HERE network, we provide comprehensive, credible insights into Indiana's dynamic landscape.

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