header image

[Sign Up Now] to Receive Our FREE Daily SCVTV-SCVNews Digest by E-Mail

Inside
Weather
Santa Clarita CA
Cloudy
Cloudy
57°F
 
Calendar
Today in
S.C.V. History
January 22
1839 - Gov. Juan B. Alvarado gives most of SCV to Mexican Army Lt. Antonio del Valle. [story]
Diseno map


Chamber HealthcareThe Santa Clarita Valley Chamber of Commerce announced Tuesday the launch of its two newest member-benefits in partnership with LBW Insurance and Financial Services & Employer Driven Insurance Services (E.D.I.S), two healthcare plans: A Minimum Essential Coverage (MEC) health plan and a Medical Expense Reimbursement Program (MERP) for employers to offer a solution to a significant component of the Affordable Care Act (ACA).

“What we have found during this challenging year, is that it’s time for the SCV Chamber to bring businesses together to create solutions and opportunities. The Chamber’s newest member-benefit, an affordable healthcare program for businesses and their employees brings our resources together as a community to generate cost savings,” stated Nancy Starczyk, Chair of the SCV Chamber Board. “With uncertainty in the workforce and constant industry reforms, our businesses need solutions for efficiently running their companies and we are proud to launch our MEC healthcare plan alongside our new 401(k) retirement program to help businesses cut costs.”

LBW Insurance and Financial Services, as designated local agent, will be available to assist businesses enroll in the plan, which reduces overhead expenses and helps meet state requirements.

All Chamber-member insurance agents can participate in providing this program to member clients.

The MEC provides a solution for Chamber-member employers by providing minimum coverage built upon the ACA defined preventive benefits. In doing so, the employer meets the required provision of offering the minimum essential benefits to its employees, but at a significantly reduced cost.

It is of critical importance for large employers (those with 50 or more full time equivalent employees) to have options available in creating a strategy that best meets the needs and finances of their company in the context of the ACA. In order to avoid the harshest tax penalties, a large employer must offer a health plan to all full-time employees that include 100% coverage for preventive benefits.

“The SCV Chamber is continuously working to bring our business community together to have all the necessary tools and resources needed for them to successfully operate and follow state guidelines,” stated Ivan Volschenk, Managing Partner at Evolve Business Strategies, which manages the SCV Chamber. “With the launch of our 401(k) program last month and bringing our healthcare plan online this month, we are gearing up to create opportunities for our members to have a successful 2021 and encourage all business throughout the Santa Clarita Valley to reach out to the Chamber for any assistance they may need.”

The ACA outlines penalties for employers with 51+ employees who do not offer medical plans that include “minimum essential coverage”. For employers with 51+ employees, many of whom have not previously offered any sort of medical coverage in the past, the task of offering this mandated coverage to its employees can be both daunting and costly.

If you have any questions or would like more information on the Minimum Essential Coverage healthcare plan for your business and employees, please contact he…@scvchamber.com. The Chamber will be hosting a workshop for employers to learn more about this benefit on January 12 at 10am. You can register at www.scvchamber.com.

About E.D.I.S
E.D.I.S. has a management team with a combined total of more than 350 years in the industry, a sales team with a combined total of more than 45 years of experience, and a staff that stands behind the service we provide. We are committed to walking out of the office each day knowing that we’ve put forth the best effort to produce the highest quality result possible for each of our clients. E.D.I.S. maintains all the proper licensing required of a TPA in multiple states in which it does business. Additionally, E.D.I.S. holds multiple bonds and policies as required by ERISA for each client’s protection. Each state in which we are licensed requires annual recertifications whereby all audits, licensing, bonds, and policies are updated. We want to be the TPA whose actions make it clear that we are here to serve you, our partner, and our clients.

About LBW Insurance and Financial Services
LBW Insurance and Financial Services was founded in 1922. It is a family owned, full-service independent insurance and financial services agency based in Valencia. Expert staff provide Property & Casualty, Employee Benefits, Life, Long Term Care and Disability Insurance as well as a complete range of Financial Services for both businesses and individuals. They advise over 50 local companies on their retirement plan benefits. Licensed in all 50 states, LBW represents in excess of 100 carriers and has specialized expertise and programs for entertainment, manufacturing and distributing, professional services, restaurants, cyber risk and tech-sector, construction, commercial real estate, and nonprofits.

About the Santa Clarita Valley Chamber of Commerce
The SCV Chamber is the largest business membership organization in the Santa Clarita Valley representing more than a 65,000-member workforce. The Chamber serves as “The Voice of Business” working as the SCV’s leading business advocacy organization in the third largest city in the County of Los Angeles. Founded in 1923, the Chamber works to advocate for, educate and connect the business community.

Comment On This Story
COMMENT POLICY: We welcome comments from individuals and businesses. All comments are moderated. Comments are subject to rejection if they are vulgar, combative, or in poor taste.
REAL NAMES ONLY: All posters must use their real individual or business name. This applies equally to Twitter account holders who use a nickname.

0 Comments

You can be the first one to leave a comment.

Leave a Comment


Latest Additions to SCVNews.com
The William S. Hart Union High School District governing board voted 3-1 Wednesday night to let athletic conditioning return to district campuses Jan. 27.
Hart District Votes 3-1 to Allow Return of Athletic Conditioning to Campuses
1839 - Gov. Juan B. Alvarado gives most of SCV to Mexican Army Lt. Antonio del Valle. [story]
Diseno map
Join the Santa Clarita Valley Water Agency (SCV Water) on Thursday, Jan. 28, from 6:30 p.m. - 8:00 p.m., to learn about and provide input on its Water Shortage Contingency Plan (WSCP).
SCV Water Encouraging Public to Provide Input on Contingency Plan
The Los Angeles County Department of Public Health confirmed 262 new deaths, including an additional death at Henry Mayo Newhall Hospital, and 8,512 new cases of confirmed COVID-19 countywide, with 22,360 total cases in the Santa Clarita Valley.
Thursday COVID-19 Roundup: Additional Death at Henry Mayo; 22,360 Total SCV Cases
SACRAMENTO – California State Epidemiologist Dr. Erica Pan issued the following statement Thursday advising providers that they can immediately resume the administration of lot 41L20A of the Moderna COVID-19 vaccine, which was temporarily paused on Sunday due to possible allergic reactions.
State Says Moderna Vaccine Administration Can Resume Immediately
As winds began to die down in the Santa Clarita Valley, firefighters were able to increase containment on the Towsley Fire to 53% Thursday.
Firefighters Reach 53% Containment on Towsley Fire
Supervisor Kathryn Barger, whose 5th District includes the Santa Clarita Valley, is supporting the effort by the California Public Utilities Commission (CPUC) to address concerns of communities throughout Los Angeles County, which continue to experience ongoing Public Safety Power Shutoffs (PSPS) initiated by Southern California Edison (Edison).
Barger Supports Efforts in Limiting Power Shutoffs; Public Hearing Set
Single Mothers Outreach (SMO) is proud to announce “Survivor” as the theme for the 11th annual Empowering HeArts fundraising gala set to take place virtually on Saturday, Aug. 7.
Nominations Open for Annual Empowering HeArts Awards
The College of the Canyons School of Personal and Professional Learning was presented an Honorable Mention award by the Academic Senate for California Community Colleges’ 2021 Exemplary Program Award.
COC Recognized for Personal, Professional Learning Program
The William S. Hart Union High School is looking for two new members to serve on the Measure SA Citizens’ Oversight Committee. These members will serve two-year terms with a maximum of three consecutive terms.
Hart Seeking Members for Citizens’ Oversight Committee
Santa Clarita-based Princess Cruises announced Thursday the sale of Pacific Princess to an undisclosed buyer.
Princess Cruises Announces Sale of Pacific Princess to Undisclosed Buyer
After a dayslong wind event hit the Santa Clarita Valley, most area residents power had been restored by Thursday morning.
SoCal Edison Restores Power to Most SCV Residents
The Los Angeles County Coroner-Medical Examiner’s Office identified Carlos Salgado-Ruiz, 35, of Santa Clarita, as the pedestrian killed after being struck by a vehicle in Saugus Wednesday night.
Pedestrian Killed in Saugus Hit-and-Run Identified
SACRAMENTO — Assemblyman Tom Lackey, R-Palmdale, introduced a bill Thursday that will allow individuals to be convicted for hate crimes.
Lackey Introduces Hate Crime Bill
1914 - Signal newspaper owner-editor Scott Newhall born in San Francisco [story]
Scott Newhall
The Los Angeles County Department of Public Health on Wednesday confirmed 262 new deaths and 6,492 new cases of COVID-19 countywide, as the county's rollout of an extremely limited vaccine supply continues at Dodger Stadium and five supersites including Six Flags Magic Mountain.
Wednesday COVID-19 Roundup: SCV Cases Total 22,232; Vaccines in ‘Extremely Limited Supply’
In what some hailed as the most important speech at an inauguration in modern American history, President Joe Biden called for a new era of unity and healing as he pledged to bring an end to the pandemic that has dramatically altered the lives of every American while leading the restoration of a battered economy.
Biden Inauguration: ‘This Is Democracy’ – President Calls for Unity in Inaugural Address
Almost directly after taking the oath as President of the United States, Joe Biden on his first day in office is expected to reverse a number of his predecessor’s policies and federal agency standards.
Biden’s Busy First Day: Action on COVID-19, Climate, Racial Equality
California Senator Scott Wilk (R-Santa Clarita) was unanimously selected as Senate Republican Leader-elect, Senate Republican Leader Shannon Grove (R-Bakersfield) announced Wednesday.
Wilk Named California Senate Republican Leader-Elect
Concluding with his oath to faithfully uphold and defend the U.S. Constitution, Joseph R. Biden became the 46th president of the United States at noon Wednesday.
New President Inaugurated: White House Changes Hands at Critical Moment in History
The Los Angeles County Public Health Department opened the Six Flags Magic Mountain vaccination site Tuesday, one of the five larger vaccination sites opened this week in conjunction with the Fire Department and other agencies.
Magic Mountain Opens Vaccination Site, Aims to Administer More Than 2K Doses a Day
California fired back on the Trump administration’s eleventh-hour attempt to gut the Endangered Species Act before the president left office Wednesday.
California Leads Charge Against Parting Gut of Endangered Species Act
After nearly a year of lockdowns, social distancing, widespread infection, and COVID-19-related death in Los Angeles, residents are preparing for the next chapter of the pandemic: vaccination distribution.
L.A. County Health Officials Address Challenges to Vaccination Distribution
California’s holiday COVID-19 wave appears to have crested, with state officials announcing Tuesday that hospitalizations and new infections are starting to decrease for the first time in weeks.
Officials: California’s Holiday COVID-19 Wave Appears to Have Crested
%d bloggers like this: