The Arvada Chamber of Commerce is pleased to offer the below outlined pilot program with Vault. We understand that healthcare concerns are growing for our members and their families. As such, this product was designed to work to identify additional solutions for small businesses. Our commitment is to identify partnerships that will lead to Arvada having the healthiest workforce in Colorado. Through this pilot, we hope that your business finds a solution that meets your needs!
Small Group Health Plans
The Level-Funded VAULT Health Plan is for employers with a good health experience who feel they are paying too much premium for too little in benefits. Do you receive money back from your insurer for being healthy? If the answer is NO, then VAULT Health Plan could be the right alternative for you. The VAULT Health Plan saves you money by paying the claims of your employees out of your dollars that are allocated to your claims fund under your plan instead of insurance premiums. Any unused claims funds that remain in your account are 100% refundable. You are protected with stop-loss insurance that provides coverage for large claims and caps your maximum exposure. If you have 75 employees or less this may be the plan for you. Click the button below to get started.
Guaranteed Issue Products
Retain, attract, and reward your employees by offering them an affordable benefit plan. With our Guaranteed Issued products, you can provide exclusive access to affordable, configurable benefits solutions for the physical wellbeing of your staff and their dependents—no matter the size of your company. With no minimum participation requirements there is a benefit level and price point for everyone. If this sounds like the plan for you please click the button below to get started.
Large Group Health Plans
The VAULT Health Plan for large groups of 75 or more are fully customizable. They are not simply another insurance product. These traditional partially self-funded plans incorporate interdisciplinary, comprehensive, and integrated health care strategies unique to VAULT and provide both employees and employers with improved health care coverage and benefits. There are a number of stop-loss polices options, all of witch are issued from A-rated carriers direct to employer. If you have more than 75 employees this may be the plan for you. Click the button below to get started.
ICHRA Health Plans
The Individual Coverage Health Reimbursement Arrangement (ICHRA) represents a big shift in the way health insurance is delivered. For many businesses an ICHRA will provide a welcome alternative to traditional group health benefits. It enables employers of all sizes to reimburse their employees tax-free for health insurance premiums and qualified medical expenses. The Individual Coverage Health Reimbursement Arrangement represents a modern model of employer-sponsored health insurance and is available to all businesses, regardless of size, providing: GREATER COST CONTROL – employers can confidently set their health plan budget year after year, while providing employees coverage no matter what their needs. SMARTER INDIVIDUAL CHOICES – employees can shop the open insurance market - compare and select what best suits their individual needs. EASY ADMINISTRATION – leveraging an ICHRA-specific technology solution can lift the administration burden by eliminating reoccurring tasks and simplifying the process of employee management.