Effective 2014 fully insured groups are subject to the market share fee, a tax based on each carrier’s market share of net annual health insurance premiums collected. Members of OPEC-HC are exempt from this ACA fee.
You can enroll in OPEC-HC effective 7/1/14. The first renewal date will be 1/1/16.
Administratively, OPEC-HC operates more efficiently than many healthcare programs - running, on average, 5% below traditional fully insured programs.
Due to Healthcare Reform, many insurance companies are changing plan designs and rate structures. These new programs may limit your choices and dramatically impact costs. Rather than waiting for Healthcare Reform to dictate how our members access benefits, OPEC-HC can ensure that your benefits package has every opportunity to remain intact and affordable.
Whether he or she is healthy or dealing with ongoing health issues, the OPEC Wellness Program offers many resources to help meet the needs of each person. Implementing a Wellness Program can help in many ways including, improved productivity and employee retention, better employee health and morale and lower health-related costs.