What is a MEWA?
A multiple employer welfare arrangement (MEWA), also described as a multiple employer trust, is when a group of employers pool their contributions in a self-funded benefits plan for their employees. It is governed by a board of trustees who works on behalf of the members.
What is the difference between a MEWA and a more traditional insurance program?
A MEWA is a self-funded plan. Many groups will be able to experience a competitive rate that may not be available through traditional insurance programs. In addition, a MEWA can provide predictable, fixed monthly payments and protection with stop loss insurance.
Do I need to be a member of the Greater Akron Chamber to participate?
Yes. In order to be eligible for membership, you must be a member in good standing of the Greater Akron Chamber or join at time of enrollment. Talk to your local Chamber of Commerce about regional membership with the Greater Akron Chamber.
What size employers can enroll in the MEWA?
The MEWA is available to businesses with 50 or fewer employees. This includes companies with as little as one employee.
Are there different plans and network options available through the MEWA?
Yes. A variety of plan options are available, including several new plan options for 2021. Employers also can select from various SummaCare provider networks depending upon their needs.
Are there ancillary options available?
Yes. Participating employers in the Chamber Health Benefits Plan are eligible for discounted life programs offered by SummaCare. Ask about your options upon enrollment.
How do I get a quote?
To get a quote, contact your broker or contact the Greater Akron Chamber at 330.237.1249.
To learn more about the Chamber Health Benefits Plan, contact your broker, call the Greater Akron Chamber at 330.237.1249 or visit the Greater Akron Chamber website.