Health Insurance Consortium

NSBA Health Insurance Consortium
Both small and large law firms face challenges in relation to the availability of health insurance options as well as the rising costs of these options. The Nebraska State Bar Association is working to offer a health insurance option for its members by establishing the NSBA Health Insurance Consortium.   In simple terms, the Consortium will consist of multiple employers, with NSBA membership, working together to obtain affordable health insurance coverage on terms similar to those available only to large employers.  The Consortium allows member employers to negotiate and to manage the coverage as a single entity. The Consortium’s plan will be a multiple employer welfare arrangement or a “MEWA,” several of which have existed in Nebraska for decades. Here are some of the advantages of participation in the Consortium:

  • Affordable Coverage: By pooling together, employers are better positioned to obtain more affordable health insurance coverage due to economies of scale, managing savings, and spreading risk.
  • Flexibility: The Consortium expects to offer a variety of ACA compliant health plan options.  Each employer in the Consortium would have the option of selecting the type of health plan or plans that works best for its employees (high deductible plan vs. low deductible plan, etc.).
  • A Stable Community: The NSBA’s goal is to create and to encourage a stable community of employers participating in the Consortium. When a group has a stable environment, annual rate fluctuations are less likely and less dramatic from year to year.
  • Available to Family Members: Employers participating in the Consortium may offer family and dependent coverage to their employees.
  • Member Governed: The Consortium will be governed by participating employers in the Consortium and Consortium leadership will be elected by those participating employers.  Thus, the individuals making decisions about the Consortium’s plan have a vested interest in offering the best possible coverage options at the best possible price.

Several insurance companies have indicated an interest in providing health plan options to the Consortium.  In order for us to provide you with the information you need in order to decide if joining the Consortium is the right option for your firm, we need to provide information to these insurers about the potential pool so that they can provide us with accurate quotes.

The Survey
If you are interested in the NSBA being able to present you with a group health insurance option, please reply to the survey link below  by February 28, 2018.  We would request that your firm only submit one response on behalf of your firm/organization. Completing the survey does not obligate you to join the Consortium or purchase insurance. If you are NOT interested in potentially obtaining insurance, please do NOT participate in the survey. If we have a sufficient response to the survey, we will request proposals from the interested insurance companies and provide you with the coverage options and information about premiums that you need in order to make an informed decision in time to participate in open enrollment for 2019. If we don’t have an adequate response to the survey, the process of exploring a health insurance option stops and we will not be able to proceed.

CLICK HERE TO TAKE THE SURVEY

If you firm or organization is interested in learning more, the NSBA would be happy to meet with you. Please contact Liz Neeley at 402-475-7091 or via email at Lneeley@nebar.com.