Health Insurance for Small Businesses
Needing affordable health insurance for your small business? The Chamber Benefit Plan is here to help
Maintaining health insurance at a reasonable price for their family and employees has always been a challenge for small businesses.
The Chamber Benefit Plan provides reasonable health insurance through a self-funded trust established by the Missouri State Chamber and maintained for the purpose of offering group insurance. Many of our current members have seen significant savings in the employee healthcare plans by utilizing the Chamber Benefit Plan. The Missouri Chamber of Commerce and Industry and Missouri Chamber Federation has teamed up with Anthem Blue Cross and Blue Shield in Missouri to provide a multiple employer welfare arrangement (MEWA). MEWAs enable smaller employers to join together to share in the overall claims risk. By being part of a larger, self-funded pool, employers have financial protection backed by Anthem’s stop-loss coverage.
- Over 27,000 + participants throughout the state
- Administered by Anthem Blue Cross Blue Shield
- Competitive, medically underwritten rates
- Fixed, predictable monthly payments
- A variety of plan designs, including 10 PPO and three HSA options
- It is available to small businesses that meet two simple criteria:
- Are members of a qualifying Chamber of Commerce
- Have 2-50 eligible employees
To qualify for the plan, you must have between 2- 50 employees. If a spouse is part of the business, in most cases, they count as an employee. The Farmington Regional Chamber receives no compensation for members joining the plan. However, you must also be a member in good standing to qualify. If you are interested in exploring this cost-saving program, contact one of the Certified Brokers listed below for a quote. Each business’s quote will vary depending on the number of employees and their health status. The cost of the premium will remain the same regardless of which broker you contact. You do not have to wait for open enrollment to switch to the Chamber Benefit Plan. I am posting the Employer’s Frequently Asked Questions below.
Sonus Insurance- Brad Kocher
212 B West Columbia Street
Farmington, MO 63640
First State Insurance Agency
204 E. Liberty
Coalter Insurance Group
1001 Independence Street
Cape Girardeau, MO 63703
120 N. Washington Street
Farmington, MO 63640