The Edmond Sun

Business

January 17, 2014

State Chamber introduces benefits exchange

EDMOND — With the recent failures of the federal health care law making headlines, the State Chamber of Oklahoma is moving forward with a solution to help Oklahoma businesses get health insurance and other benefits for their employees. The new exchange, ChamberMarket, is an innovative way for employers to provide better benefit options to employees while still controlling costs.

It is a one-stop-shop for job creators to provide a wide range of benefits to their employees, said State Chamber of Oklahoma President and CEO Fred Morgan.  

The State Chamber is partnering with Cielostar. Together they are creating an online enrollment and purchasing platform for employers of all sizes. Shifting employees to a private exchange has been a solution for some large groups, but the State Chamber is making a private exchange available to employers with as few as two employees. ChamberMarket will help Oklahoma employers control the rising cost of benefits and ensure compliance with any requirements of the Affordable Care Act.

Employers will be able to sign up online and allow employees to select the benefits that best meet their needs. In addition to more options for health and ancillary benefits, employees will have access to free features like health risk assessments and wellness ideas and a rewards card.

The full exchange website will be live in coming weeks, in the meantime interested employers can get more information by going to the ChamberMarket website, www.okstatechambermarket.com.

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