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HomeMy WebLinkAbout07. VVP Health Care Program Presentation 97 Main Street, Suite E-201, Edwards, CO 81632 VailValleyPartnership.com EMBARGOED ONLINE UNTIL 8:01am NOVEMBER 28, 2018 EMBARGOED PRINT UNTIL NOVEMBER 29, 2018 c: Chris Romer NOVEMBER 28, 2018 970-477-4016 cromer@visitvailvalley.com Vail Valley Partnership Announces Industry-First Healthcare Program for Members In response to challenges of the exploding cost of healthcare coverage in the Eagle County, Vail Valley Partnership partners with other industry associations to offer an affordable and accessible solution. (Edwards, CO): Today the Vail Valley Partnership (VVP) announces a new program for its members aimed at providing employer members, their employees, and self-employed industry professionals a viable, cost effective, and accessible healthcare program. Entitled the One Valley Healthcare Program, this innovative new program couples two preventative care options with a medical cost sharing program to cover significant and catastrophic medical events. The program is made available to VVP members through the Partnership participating in the Small Association Leadership Alliance Healthcare Program. “Our team has been hard at work for over a year exploring various association healthcare programs. Three key criteria had to be met; 1) the program must be available and accessible in Colorado, 2) it must work for most of our members, and 3) have rates that provide meaningful reduction to the cost of healthcare burdening our community,” remarked Partnership President & CEO Chris Romer. With savings of up to 60% over traditional group insurance, the innovative One Valley Healthcare Program makes a significant impact on the bottom line of member businesses and individuals in Eagle County. Key components of the program include coverage for: • Preventative care with 100% coverage for all mandated services • Significant and catastrophic events 97 Main Street, Suite E-201, Edwards, CO 81632 VailValleyPartnership.com • Primary care and access to medical specialists • Prescription drug plan • Telemedicine The One Valley Healthcare Program simplifies what has become so complex and provides a high-end, affordable healthcare solution for employers, employees and sole-proprietors. While not health insurance, the program offers preventative care options, provides a four (4) Year “Rate Lock” ensuring rate stability in an increasingly unstable market, and can lower healthcare costs by as much as 60% when compared to traditional group health insuran ce. This program is great solution for Eagle County select businesses and sole-proprietors because it is: • Available in all 50 states; • Does not need an employer-sponsor, so individual employees can join; • Available to full-time, part-time and seasonal workers; • Available for hourly and salaried staff; • The monthly costs can be paid by the employee or employer; • Provides a terrific employee benefit at no cost to the company; • Has the potential for saving up to 60% on their healthcare costs; • Available in time for the fall 2018 open enrollment period. Vail Valley Partnership sees this program as an additional offering in a growing number of benefit and cost savings programs available to our members and as an options multiplier for businesses and individuals looking for healthcare solutions. Partnership president Chris Romer stated “We will continue to work with other association leaders in advocating for viable, nationally-available, Association Health Plans (AHP’s), Multiple Employer Welfare Arrangements (MEWA’s) and other programs that can benefit our members and add to this offering when such programs become available.” Romer added, “to be clear, the Program is not insurance. That means the State’s consumer protections or oversight of the operation of the plan do not apply. The amounts to be paid to the plan are not Insurance premiums and therefore are not regulated. The promise of future benefits is not guaranteed and thus the State of Colorado’s Guarantee Fund does not apply.” Information about the Partnership’s One Valley Healthcare Program can be found at www.OneValleyHealthcareProgram.com and membership information can be found on the Partnerships web site at www.VailValleyPartnership.com. Introducing Vail Valley Partnership’s One Valley Healthcare Program Did you know, less than 50% of small businesses in the US offer healthcare? We’d like to change that in Eagle County. VVail Valley Partnership’s One Valley Healthcare Program, in partnership with the Small Association Leadership Alliance (SALA), is a comprehensive and cost-effective alternative to traditional plans. This new pThis new program offers affordable, accessible, and effective healthcare options for Vail Valley Partnership members – both businesses and individuals alike. The One Valley Healthcare Program provides a high-quality, affordable healthcare solution for employers, employees and sole-proprietors. While not health insurance, the program provides 100% coverage for preventative care, with options for copayment features with 100% coverage, and addresses catastrophic or unforeseen medical expenses. MMedical cost sharing is not health insurance, but an alternative to traditional health insurance. Before replacing health insurance with a medical cost sharing plan, it is important to understand the requirements and restrictions for members. Learn more at OneValleyHealthcareProgram.com. Includes a four (4) year “Rate Lock” – offering rate stability in a very unstable market Available to businesses AND individuals Available to full-time, part-time & seasonal staff 1) Be a Vail Valley Partnership member in good standing. 2) Watch the informational webinar. 3) Explore the program & plans. 4)4) Decide if this program is right for you, your family, your employees or your business. 5) Fill out One Valley Healthcare Program Application. How It Works: For plan details, pricing, FAQ and more, visit: OneValleyHealthcareProgram.com Offers a choice of a high-quality, affordable healthcare solution Lowers healthcare costs by as much as 60%