SACRAMENTO, Calif. – Risk Strategies Company is now offering the Credit Union Health Benefits of America Plan to credit unions nationwide seeking an alternative to traditional medical insurance.
CUHB is a self-funded medical plan with protection against large claims and a capped maximum annual liability for each credit union. Through this group buying arrangement, the company said credit unions can collaborate on program offerings, direct service providers and save 10% to 15% (on average) on medical insurance costs.
Participants benefit from more cost effective claims handling, lower administrative expenses, broad provider network access, and financial transparency resulting in a high level of satisfaction for the credit union and employees at the lowest possible cost, the company said. Through the CUHB plan, credit unions will have the option of a medical plan or a comprehensive benefit package (including dental, life and disability coverage).
