by Bob Malcolmson, CEO & General Manager, Greater Oshawa Chamber of Commerce
Recently the Chamber has become aware of other business and industry association plans holding themselves out to be “similar” to the Chamber Group (healthcare plan). This is just simply not the case. Most of these plans are for profit and claims rated programs, providing little to no protection to your business should you have a high usage year. In addition none have a “pool” the size of the Chambers Plan, and as such can’t provide the stability on core rates that the Chamber plan can.While some may offer significant first year savings they do so with no risk to themselves. If you claim more than 60-70% of what you pay in health and dental premiums you will see a significant increase on your renewal putting your plan in jeopardy.