TranscendAHP - MichBusiness

Business as usual for TranscendAHP and its members

You may have read that on Thursday, March 28, 2019, the United States District Court for the District of Columbia ruled that the efforts of the Trump Administration to make health insurance more available and more affordable for small businesses through Association Health Plans do not align with ERISA standards. Along with the Transcend Association attorney, the staff at Blue Cross® Blue Shield® of Michigan and our contacts at the Department of Labor, we are reviewing this ruling and its impact on TranscendAHP. Please click here to view the Department of Labor’s stance.

According to the Department of Labor’s site: “ The Administration will continue to fight for sole proprietors and small businesses so that they can have the freedom to band together to obtain more affordable, quality healthcare coverage.” Meaning, it is business as usual for TranscendAHP and its members.

TranscendAHP is a great success for Michigan small business owners with hundreds of companies and thousands of their employees enrolled. TranscendAHP has opened up coverage opportunities to sole proprietors and small business owners who did not previously offer health insurance coverage by allowing them the opportunity to save thousands of dollars on their health insurance purchase, making it more affordable to provide these protections to their employees.

TranscendAHP is another option for you to consider for your clients as you assist them with finding the most effective plan and pricing for their needs.

TranscendAHP overview and enhancements

20 health plan options to choose from, all of which are selected from the Blue Cross and Blue Care Network large group menu of products and include a prescription drug coverage
All products are fully-insured and meet the Essential Health Benefit requirements of the Affordable Care Act
TranscendAHP can accommodate dental and vision split contracts
Because Transcend is a large group, groups receive composite rates: single, double and family
All Transcend groups will have a January 1 renewal
Transcend has over 20 affilate partners – checkout transcendmichigan.org/affiliates for more information
On-demand and live webinar options for TranscendAHP training coming end of April

Transcend Overview

What is an AHP?

Association Health Plans (AHPs) provide small business and sole proprietorships the opportunity to join together to obtain healthcare coverage; often resulting in lower rates and higher benefits.

TranscendAHP is a new way to cover your employees’ health benefits with some great financial benefits for you. It’s a fully-insured multiple employer health benefit plan
for Transcend member companies and is designed with small business needs in mind.

Who can apply?

Any company in good standing with 50 or fewer enrolled employees may apply. If you are already a current member of MichBusiness, you are eligible to join Transcend at a member-only rate. Keep in mind that sole proprietors with no employees are also eligible to apply to TranscendAHP.

What’s the advantage?

TranscendAHP was designed to better manage the cost of health insurance and provide benefit plans that may be a better fit for small business owners and their employees. Because TranscendAHP is fully insured and not subject to some of the Affordable Care Act’s (ACA) mandated benefits and taxes, the plan allows the cost of your benefits to better reflect the unique demographics of your business and your employees.

Plus, all TranscendAHP plan options are fully insured by Blue Cross® Blue Shield® of Michigan (BCBSM) or Blue Care Network (BCN) and therefore tied to the same network of doctors and hospitals that MichBusiness members have accessed for years.

How do I get started?

We encourage you to talk to your current licensed health agent about getting a quote for TranscendAHP. If you need to be connected with an agent, please contact our team and we’ll find someone in your area to help.

For More Information

MichBusiness Insurance Operations Team

insurance@michbusiness.com
(586) 393-8800

Learn More at TranscendMichigan.org

Business as usual for TranscendAHP and its members

TranscendAHP overview and enhancements

Transcend Overview

What is an AHP?

Who can apply?

What’s the advantage?

How do I get started?

For More Information

MichBusiness

MichBusiness Base Camp

Upcoming Community Events

Business as usual for TranscendAHP and its members

TranscendAHP overview and enhancements

Transcend Overview

What is an AHP?

Who can apply?

What’s the advantage?

How do I get started?

For More Information

Share TranscendAHP

MichBusiness

MichBusiness Base Camp

Upcoming Community Events