Business
JUNEAU - Private business employers have another option to offer health care benefits to employees under a new agreement announced Feb. 23 in Juneau.
Alaska Chamber joins nonprofit health plan 031010 BUSINESS 2 Capital City Weekly JUNEAU - Private business employers have another option to offer health care benefits to employees under a new agreement announced Feb. 23 in Juneau.
Wednesday, March 10, 2010

Story last updated at 3/10/2010 - 11:52 am

Alaska Chamber joins nonprofit health plan

JUNEAU - Private business employers have another option to offer health care benefits to employees under a new agreement announced Feb. 23 in Juneau.

The Alaska State Chamber joined The Foraker Group, an organization that supports Alaska nonprofits, to offer a health plan that's been available in the nonprofit sector for more than a year.

Many state businesses don't offer health insurance to employees because costs are too high.

Premera Blue Cross Blue Shield of Alaska offers three plans under the program, two of which are high deductible plans with health savings accounts. Dental and life insurance also are offered. Businesses are required to pay at least 75 percent of the premiums.

"All too often, especially for our smaller businesses, health insurance is something they want to offer but the cost puts it out of reach," chamber President Wayne Stevens said.

The chamber has about 500 members.

Southeast Conference Executive Director Shelly Wright said she considered joining the health plan last year but decided to wait until it had more members, which would bring prices down.

The Foraker Group President Dennis McMillian said the plan is not likely to lower costs right away but could if more people sign up.

About 400 employees of nonprofit organizations use the plan.


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