News from Home Builders Association of Iowa Executive Officer Jay Iverson:
We are super excited to finally be able to offer a group health insurance plan for our members. It’s taken awhile to get here, following legislative changes on the state and federal level, and the healthcare plan for Iowa’s construction industry has been approved by the Iowa Insurance Division and is ready for you and your firm to explore as a potential healthcare solution.
Our members and leadership team have long recognized the challenges of costs associated with providing healthcare benefits to employees as the regulatory environment became more complicated and healthcare costs more difficult to control. In response, HBAI has chosen Kunkel and Associates and Wellmark Blue Cross & Blue Shield to provide a new healthcare option for Iowa’s construction industry.
It is our intention to not sit by and let the healthcare market dictate how we operate our businesses, but instead take action to provide a long-lasting insurance solution that is a value to your company. In addition, with benefits being very important to the employee, our plan will aid in your company’s efforts to enhance recruitment strategies and retention plans.
The HBAI healthcare plan consists of three plans: HBAI Plan 1 has a higher deductible and a health savings account (HSA); HBAI Plan 2 has a mid-range deductible; and HBAI Plan 3 has the lowest deductible. All are in a preferred provider organization (PPO). You’ll just need to compare which plan is best for you, but it’s the best range offered and unavailable with any other group plans.
Value added benefits include an online portal for easy benefits administration and enrollment, Dr. On Demand, BeWell 24/7, and PPO and HMO options are available. There are dental and vision options available.
To participate, you must be a member of the HBA of Iowa in good standing, located in Iowa, have at least two full time employees (but no more than 50), and entry into the plan will be for a period of two years.
We hope that you consider learning more about ways that this new membership benefit can enhance your company. We have a Wellmark tool that enables a 48 hour turnaround per group. Email our representative Chance Oster.
Find pricing and more on the health insurance flyer. When you’re ready to look into it, contact Chance.