Chamber adds insurance for members
Chamber Spectrum is a group insurance plan for chamber members through
The chamber is partnering with
The launch hosted a dozen interested chamber members, a presentation by
While the plan aims to lower immediate costs for businesses, it is looking to lower the costs for employees as well.
"Last year ... the average worker in the state of
Lower costs for businesses also means businesses have more money to invest in growth and expansion.
Job growth is a driving factor in the local economy but the rising cost of health care is preventing employers from hiring new employees, Taylor said.
"Health insurance affordability is (one of ) the top ... barriers for employers when looking to hire new employees," he said.
For proof of concept,
"They can't believe it," Taylor said. "And neither can we, so we have to make sure we can deliver on it."
After Taylor's presentation, several chamber members asked questions about the plan including how the plan would cover businesses with hourly employees and companies with higher turnover rates.
"In our area of the country, it's not a nine-to-five economy," Taylor said in response to the questions. "And so, we need a plan that is flexible to address those needs of people in more temporary situations ... and also hourly, high turnover situation as well."
While the plan is for chamber members only, the chamber website has a cost calculator that allows employers to calculate what the plan would cost against current plans.
For chamber members interested in the plan, contact the chamber to set up a consultation.
For more information about Chamber Spectrum, how to get a consultation or the cost calculator, visit http://www.valdostachamber.com/chamber-spectrum-benefits.html.
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