News Release: 2/2/2021 Medical, dental, vision, life for NCBIO small business members
NCBIO member companies with 5 to 50 employees can get ACA-compliant, stable health-care coverage through BIO Business Solutions.
BIO is offering a group health-care solution administered by Mercer and underwritten by UnitedHealthcare at very competitive rates. Mercer provides support for both employers and employees, who can enroll with just a few clicks on a website.
(Download Mercer brochure
In addition to medical coverage, there are also options for dental and vision plans, as well as basic group life insurance, with discounts available to companies who choose to offer multiple products. Employers can offer multiple plan options, such as health savings accounts and PPOs.
The plans do require a minimum employer contribution, which is usually 50% of the employee cost on the lowest cost plan offered. There is a back-end system that allows the plans to integrate with employer payroll services.
Mercer has been creating and managing insurance programs for affinity groups for more than 65 years. The company has more than 350 clients nationwide.