{"id":9886,"date":"2024-10-28T14:13:09","date_gmt":"2024-10-28T18:13:09","guid":{"rendered":"https:\/\/www.greaterlouisville.com\/?p=9886"},"modified":"2024-10-28T14:13:09","modified_gmt":"2024-10-28T18:13:09","slug":"greater-louisville-inc-rolls-out-innovative-affordable-healthcare-program-for-employers","status":"publish","type":"post","link":"https:\/\/www.greaterlouisville.com\/press-releases\/greater-louisville-inc-rolls-out-innovative-affordable-healthcare-program-for-employers\/","title":{"rendered":"Greater Louisville Inc. Rolls Out Innovative, Affordable Healthcare Program for Employers"},"content":{"rendered":"<p><strong>Louisville, Ky. <\/strong>(October 28, 2024) \u2013 As part of its evolving suite of cost saving programs, Greater Louisville Inc. launched a new Individual Coverage Health Reimbursement Arrangement (ICHRA) program in partnership with Transperra Choice and Kyndly. The ICHRA program will provide an alternative to traditional employer-sponsored group insurance plans, so all businesses can offer affordable, private health insurance to their employees.<\/p>\n<p>\u201cOur region is still seeing a tight labor market, so it is critical businesses of all sizes stay competitive with their benefits packages. That\u2019s why we are proud to add to a new program to our investor benefits to give employers more options to offer comprehensive health coverage,\u201d said Sarah Davasher-Wisdom, president and CEO of GLI. \u201cOur goal is that the new ICHRA program makes affordable, employer-sponsored health insurance attainable for all businesses in our region.\u201d<\/p>\n<p>The ICHRA program is designed to empower employers to reimburse employees for individual health insurance premiums and qualified medical expenses. This innovative approach allows businesses of all sizes to tailor health benefits to their employee\u2019s specific needs, ensuring they can choose the coverage that best fits their individual health requirements.<\/p>\n<p>Through an ICHRA, each individual employee chooses their own plan and employers set a contribution amount. This provides more flexibility for employees to choose the coverage they need and adds another tool in helping small to mid-sized businesses offer robust benefits.<\/p>\n<p>The new program will complement other GLI cost saving programs, including Anthem\u2019s ChamberAdvantage program, which is one of the largest multiple employer welfare arrangements (MEWA) in the country. With both a competitive group plan and ICHRA option, GLI will create more options for employers to design the insurance benefits structure that works best for their organization and employees.<\/p>\n<p>The program will be administered by Transperra Choice and <a href=\"https:\/\/kyndlybenefits.com\/\" class=\"external\" target=\"_blank\">Kyndly<\/a>, a Louisville-based startup and is available to all GLI investors. For more information, <a href=\"https:\/\/www.greaterlouisville.com\/ichra\/\">click here<\/a> or contact <a href=\"mailto:aturner@greaterlouisville.com\">Alana Turner.<\/a> \u00a0To view a full listing of GLI\u2019s cost saving benefits, <a href=\"https:\/\/www.greaterlouisville.com\/chamber-old\/investor-benefits\/\">click here.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Louisville, Ky. (October 28, 2024) \u2013 As part of its evolving suite of cost saving programs, Greater Louisville Inc. launched a new Individual Coverage Health Reimbursement Arrangement (ICHRA) program in partnership with Transperra Choice and Kyndly. The ICHRA program will provide an alternative to traditional employer-sponsored group insurance plans, so&#8230;<\/p>\n","protected":false},"author":34,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-9886","post","type-post","status-publish","format-standard","hentry","category-press-releases"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.12 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Greater Louisville Inc. Rolls Out Innovative, Affordable Healthcare Program for Employers &ndash; One Louisville<\/title>\n<meta name=\"description\" content=\"Louisville, Ky. (October 28, 2024) \u2013 As part of its evolving suite of cost saving programs, Greater Louisville Inc. launched a new Individual Coverage\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.greaterlouisville.com\/press-releases\/greater-louisville-inc-rolls-out-innovative-affordable-healthcare-program-for-employers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Greater Louisville Inc. Rolls Out Innovative, Affordable Healthcare Program for Employers &ndash; One Louisville\" \/>\n<meta property=\"og:description\" content=\"Louisville, Ky. 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