Launched on Aug. 1, 2016, the HBM is the League’s health care platform designed to help cities address escalating OPEB liabilities while at the same time offer a greater flexibility in health care coverage to active employees and retirees. In addition to medical insurance coverage, valuable Affordable Care Act (ACA) compliance services, a wellness program along with ID Protection, life, dental, disability and pet insurance are through the HBM.
Visit booth number 629 during the annual conference to meet the League’s HBM consultant Barry Eyre with Diversified Benefit Strategies. He will be joined by representatives from Connecture, Willis Towers Watson, Accord Systems and WellRight, which are partnering with the League to provide the active employee, retiree, ACA compliance and wellness program solutions respectively. This is a convenient opportunity to discover how the HBM’s flexible solutions can offer solutions to meet your city’s particular needs.
About the League’s Health Benefits Marketplace
This League-sponsored marketplace is a consumer-driven platform that gives options to active employees and retirees, letting them select healthcare coverage that best suits their needs. Cities can choose from a variety of plan options from the best carriers in the state to offer their active employees, including HMO, PPO and consumer-directed plans. To reduce OPEB liabilities (along with implied subsidies to retirees), cities can transition their retirees to the individual market. Eligible retirees also are able to maximize their coverage under the federal Medicare program, helping lower costs for their former employer and themselves.
For additional information on the Health Benefits Marketplace visit www.cacities.org/HBM
or contact Norman Coppinger
with the League at (916) 658-8277. To obtain a quote or receive an analysis on OPEB liability reduction, cities or their broker should contact Barry Eyer
with Diversified Benefit Strategies.