ABC New Hampshire & Vermont News
ABC Approved to Form Health Care Purchasing Alliance
ABC New Hampshire/Vermont Chapter has received the first insurance Purchasing Alliance license issued by the State of New Hampshire. The license allows the chapter to offer health benefit plans to all member employers and their employees. ABC is now working to find a state licensed insurance carrier for its program and to develop a health insurance product that will provide competitive pricing and cost savings to members.
Becoming a Purchasing Alliance license holder will help ABC seek a solution that will increase the affordability, efficiency and fairness of health insurance coverage for our members. As health care costs continue to rise, consolidating purchasing responsibilities and resources will enable ABC to reduce the administrative cost of health plan contracting, enrollment, premium collection and payment for multiple employers.”
The goal of the Purchasing Alliance is to provide ABC small business employers and their employees a choice of health carriers and health benefit plans through an open and fair process in which qualified carriers compete to provide health coverage to alliance members.