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Introduction to Association Health Plans: The Small Business Health Care Solution

There’s strength in numbers when it comes to small businesses and health insurance, and that’s where Association Health Plans come into play.

Association Health Plans (AHPs) are a valuable resource for small businesses that allow multiple employers to pool their employees as a large group, taking advantage of the additional value and reduced administrative expenses.

Advanced Professionals Insurance & Benefit Solutions, a unique division of ABD that provides wholesale benefit consulting, works with a diverse array of organizations to oversee nearly 40 AHPs that provide health insurance and other benefits for thousands of employees at small and mid-sized businesses.

“An Association Health Plan is a turn-key solution for small employers that want to focus on their business and not spend all day managing health insurance for their employees,” said Nathan Edmondson, Vice President and Sales Manager at Advanced Professionals, in the below presentation “Association Health Plans: The Small Business Health Care Solutions.”

AHPs give small businesses access to large-group benefits and pricing, while “bundling” their employee benefits to decrease the administrative workload for employers.

“It’s saving money for the employer, it’s providing them better benefits, and it’s providing them an administrative platform where they don’t have to focus on reconciling bills from multiple carriers,” Nathan said.

Association Health Plans also are a valuable recruitment tool for the organizations that sponsor them, such as local chambers of commerce or industry trade groups. Access to an AHP is only available to association members.

Hear more from Nathan on how Association Health Plans could be a solution for your small business or association in the following webinar, presented at the Washington Association of Health Underwriters Symposium on March 23-24, 2021.

 

Click here to view the presentation slides.

To learn more about Association Health Plans, contact Nathan at nathan.Edmondson@advprofessionals.com or 206-602-3558.


About the author

The ABD Team

ABD Insurance and Financial Services provides risk management, insurance brokerage, human resources, and retirement consulting services. Our advisors offer guidance and craft innovative solutions to help address risk for clients of varying sizes, growth stages, and industries.


The information provided is of a general nature and an educational resource. It is not intended to provide advice or address the situation of any particular individual or entity. Any recipient shall be responsible for the use to which it puts this document. Newfront shall have no liability for the information provided. While care has been taken to produce this document, Newfront does not warrant, represent or guarantee the completeness, accuracy, adequacy, or fitness with respect to the information contained in this document. The information provided does not reflect new circumstances, or additional regulatory and legal changes. The issues addressed may have legal, financial, and health implications, and we recommend you speak to your legal, financial, and health advisors before acting on any of the information provided.

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