A Benefits Consortium For Small Businesses In Virginia
What are benefits consortiums?
Similar to a self-funded large employer plan, small businesses come together as a single large pool to share risk, streamline plan administration, and reduce costs of coverage.
Why are they important?
Benefits consortiums expand access and lower the cost of coverage for small businesses. Five pillars underpin benefits consortiums:
The WiseChoice Healthcare Alliance, led by the Virginia Chamber of Commerce, is a diverse, growing coalition of statewide businesses and organizations supporting benefits consortiums.
