Why COHCC?
The Central Ohio Health Care Consortium (COHCC) has a great story, and it is finally being told. With its five pillars of strength, one can easily see the value proposition of the COHCC:
Financially Sound
- Reserves at long-term financially sound levels
- Monthly billing rates developed by USI Insurance Services
- Stop-loss carrier is A+ Rated by AM best
- Implemented Fiduciary and Directors & Officers policy to mitigate risk
- COHCC retains outside legal counsel
- Annual Independent Auditor reports Plan Integrity
Plan Integrity
- COHCC has been in effect for over 30 years
- Renewals well below that of state and national trends
- Joint Self Insurance Agreement updated every three years as voted on by each entity
- Each entity has rates sets as a function of their own claims experience in relation to the performance of the consortium as a whole
- UHC’s Choice Plus network
Transparency
- Each entity has a seat at the table for monthly board meetings (Voice and a Vote)
- Claims experience at both Consortium level and per Entity level
- Opportunity to meet with carrier representatives
- Get to know your fellow COHCC Members
- COHCC approves pricing for prospective new members
- Subcommittee for finance, and benefits
Flexibility
- No financial barriers to entry
- No penalties to exit
- COHCC currently has 7 plan design options with more to come
- Ability to keep current plan if required by union contracts or desired to minimize employee disruption
- Not committed to one carrier and will market a la carte
- USI and the COHCC recognize that your needs might be different from others
Forward Thinking
- Near-site health centers
- Telehealth services (both video and telephonic)
- Outcomes-based wellness programs
- Evolving consumer-directed health plan concepts
- USI Compliance team host educational webinar/seminar for what is on the healthcare horizon