Arizona Technology Council Drives Down Cost of Employee Benefits and Boosts Recruitment Tools for its Member Companies through New Health Coverage Offerings
Health coverage is provided as a self-funded pool by EMI Health, offering benefit advantages in meeting healthcare reform requirements
PHOENIX, Sept. 10, 2013 /PRNewswire/ -- As part of its popular Business Essentials Program that provides significant discounts on the products and services its members need most, the Arizona Technology Council today announced the addition of an Employee Benefits Program presented in partnership with Corporate Benefit Solutions that includes medical, dental, vision, life and disability coverage. Member companies with 10-200 employees now have access to pricing that reflects both the purchasing power of the Council and the actual costs of other technology companies.
At the heart of the new offerings is a health coverage plan administered by EMI Health and self-funded through an Arizona Technology Pool. This industry specific ERISA-governed program allows for better cost control due to the elimination of many taxes and fees associated with the Affordable Care Act, non-profit administration and the more favorable risks associated with technology industry employees.
The program provides excellent network access with broad coverage in Arizona and nationwide. Having this type of group health coverage program available for its employees puts smaller companies on a more equal footing with larger enterprises that typically use their benefits as employee retention and recruitment tools.
"This is a tremendous benefit to our members not available to them anywhere else and it couldn't have come at a better time," said Steven G. Zylstra, president and CEO of the Arizona Technology Council. "The uncertainty of the Affordable Care Act and the anxiety of rising costs are causing a lot of people to take a look at their group health insurance program and seek alternatives to keep costs down now and in the future."
In addition to all of the advantages in joining the Arizona Technology Pool, the pool is enriched with strong and effective wellness programs, including onsite biometrics and wellness coaching at no additional cost to the employer. A three-year commitment for employers is required to ensure all pool members experience optimal stability.
"By banding together with other companies in the technology industry, Arizona Technology Council members now have the opportunity to join a lower risk, stable pool of participants that collectively keep benefit costs under control," said Karen Goldberg, president of Corporate Benefit Solutions and member of the Arizona Technology Council. "EMI Health has been designing and administering industry specific pools since 1999 and we've worked with them to design this one to have stability in both rates and membership."
Application for enrollment is open now, with plans taking effective January 1, 2014. Arizona Technology Council members or their benefits advisors seeking more information and specific quotations should contact the plan's managing broker, Karen Goldberg at email@example.com or 480-528-0656. Companies with existing brokers are also welcome.
About the Arizona Technology Council
The Arizona Technology Council is Arizona's premier trade association for science and technology companies. Recognized as having a diverse professional business community, Council members work towards furthering the advancement of technology in Arizona through leadership, education, legislation and social action. The Arizona Technology Council offers numerous events, educational forums and business conferences that bring together leaders, managers, employees and visionaries to make an impact on the technology industry. These interactions contribute to the Council's culture of growing member businesses and transforming technology in Arizona. To become a member or to learn more about the Arizona Technology Council, please visit www.aztechcouncil.org.
SOURCE Arizona Technology Council
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