Builders Association of Northern Nevada to offer health insurance plans to members
RENO, Nev. — The Builders Association of Northern Nevada and Hometown Health are partnering on lower-cost health insurance for BANN member companies effective Jan. 1, 2019.
According to a news release, earlier this year, the federal government revised regulations to allow associations to offer health insurance to their member businesses.
These new association health plans (AHPs) allow small businesses to band together to obtain health care coverage as if they were a single large employer, according to the Department of Labor.
“We are excited to bring back our partnership with Hometown Health,” Don Tatro, BANN Executive Director, said in a statement. “Our association health plan will save BANN members a lot of money. It’s another great example of the benefits of BANN membership to member companies.”
“By partnering with BANN, Hometown Health will be able to bring member small businesses high-quality health plans with the same flexibility in product choices and pricing as large employers,” Racquel Abowd, Director of Sales and Marketing at Hometown Health, added in a statement.
Interested members should speak with their health insurance broker for more information.
Reno’s median home price jumped to $413,405 in November, a 4 percent increase from the same month a year ago. Meanwhile, across greater Reno-Sparks, November’s median price of $400,000 remained unchanged from October.