Health care benefits have never played a more vital role in a business than they do today. To attract and retain quality people, you need a health care plan that strikes the perfect balance between affordability and ease of administration — while offering quality plan options and flexibility for your team members.
Unfortunately, employers operating in high-turnover industries with a large percentage of low- to moderate-income employees often feel underserved by the traditional health insurance industry. Too often, the health plans available are not affordable, have high deductibles and are not easy to administer.
The Health Benefit Alliance (HBA) offers a unique set of health plans to solve these challenges and help you connect your employees with benefits they can afford and utilize.
What Is the Health Benefit Alliance?
The Health Benefit Alliance (HBA) is a coalition of nationally recognized leaders in the health care industry who have joined together to give employees access to affordable, ACA-compliant health plans built on copays, not high deductibles. Employers sponsoring HBA plans can offer a menu of major medical options that are uniquely designed for their respective industries, resulting in increased flexibility for all employees, from the minimum wage worker to the senior executive.
The HBA offers employers the opportunity to choose from a wide variety of service providers within the Alliance — each of whom is dedicated to the central mission of empowering employers to establish affordable health plans for their employees.
CBIZ Is Proud to Be a Master Broker for HBA
As a Master Broker for The Health Benefit Alliance (HBA), CBIZ is proud to bring to the market a set of plans that gives you the opportunity to secure quality, affordable health benefits that will ultimately bolster employee attraction and retention efforts.
Key Employer Challenges
While the ACA reduced the number of uninsured Americans, it resulted in higher premiums and out-of-pocket costs, making health insurance inaccessible for many.
- 44% of health plan members skip care due to unknown costs
- 69% of Americans have less than $1000 in savings
- 49% of insured Americans who take prescription medicines face insurance barriers to accessing their medicines
- $5,200 is the average annual health insurance deductible