CU Health Care Association of SC continues to offer health insurance savings
As the time for health insurance renewals rolls around,
this is a great time to consider the Credit Union Health
Care Association Plan. Offered by Blue Cross/Blue Shield
of SC for members of the South Carolina Credit Union
League, the Association Plan was conceived in an effort
to obtain lower insurance rates by "pooling" the
employees of numerous credit unions. The Association Plan
is an excellent resource for obtaining more favorable rates.
The Association Plan offers four separate plans, from a very low deductible to a large deductible. As part of the application process, each credit union is rated on a tiered system based upon demographic information and answers to a group health questionnaire.
During its first year, the Credit Union Health Care Association of SC (CUHCASC) has grown to total of eight groups with just over 100 insured individuals. To continue to obtain maximum benefit of pooled resources, more participants need to be added so that the plan will grow at a steady rate over the next few years. As your credit union receives quotes for first of year renewals, take the opportunity to obtain a quote from the Association Plan.
To obtain a quote or for more information about how your credit union can join the Association, please contact Andrew Rothschild (404-875-5812) if your group has more than 20 employees or Pollyanna Sailor (800-356-2644 ext.7479) if your group has less than 20 employees.
NCUA: Credit unions are serving working Americans
The National Credit Union Administration issued a report
confirming credit unions' service to members of modest
means, reinforcing that credit unions are meeting the
expectations of Congress, and asserting that regulatory
relief would enable even greater service to those who
need it. Read more...
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