SOCA Benefit Plans
SOCA Benefit Plan
The Southern Ohio Chamber Alliance has joined forces with the Northern Ohio Area Chambers of Commerce, the Central Ohio Chambers of Commerce, the Dayton Area Chamber of Commerce, and the Youngstown/Warren Regional Chamber to form a self-funded medical benefit plan aimed at small employers with 2 to 50 employees.
The SOCA Benefit Plan is a multiple employer welfare arrangement. Anthem Blue Cross Blue Shield provides claims administration and stop loss protection. Participating employers are required to maintain membership with a Chamber of Commerce that is authorized to offer the Plan. Distribution of the Plan is limited to Anthem appointed brokers who have completed product-specific training. The Plan is governed by a Board of Trustees elected by participating employers.
The Plan is offered by more than 280 local Chambers of Commerce in Ohio and through a distribution network of approximately 500 insurance professionals. As of December 1, 2019, more than 3,500 private, public, and non-profit employers are enrolled in the Plan.
To learn more about the SOCA Benefit Plan, feel free to click on the links below to download various fliers and brochures. If you would like someone to contact you for a quote, please fill out the contact form or leave us a message at our toll-free number 1-844-Med-Ohio (1-844-633-6446).
The Lebanon Area Chamber of Commerce offers these valuable Southern Ohio Chamber Alliance (SOCA) benefits to our members:
Anthem Chamber Saver Plan: Membership includes access to quality, affordable health care plan options from Anthem. As a chamber member with 2-99 employees, you will have access to a 1.4% savings on any Anthem group health insurance plan through a premium tax credit savings.
SOCA Benefit Plan: This new self-funded health program that can lead to more rate stability and is a smart solution that offers potential savings for groups with 50 or fewer employees. SOCA has teamed up with Anthem Blue Cross and Blue Shield to administer this plan and to provide stop loss coverage.
Legal Shield ID Shield: We believe every family and every business deserves affordable legal and identity theft protection. Including you. No matter how traumatic or trivial your situation, and no matter how large or small your business, we are here to help. Give Todd Goodwin or Nick Goodwin a call at 855-294-0888 or email Toddg@voluntarymkt.com or Nickg@voluntarymkt.com with questions or schedule an appointment.
SOCA Pooled Employer Plan: Under the SECURE Act, the first significant retirement-related legislation in more than a decade, employers can offer retirement plans to their employees through a Pooled Employer Plan (PEP). In a PEP, employers of all sizes, industries, locations etc. can join together and become a "member employer" through the SOCA Pooled Employer Plan (SOCA PEP). The Newport Group the Pooled Plan Provider (PPP) of the SOCA PEP is responsible for establishment, management, fiduciary oversight and operations of the plan on behalf of the member employers. For more information contact Dale Essenmacher at 248- 212-3223 or firstname.lastname@example.org
Elavon US Bank Processing: a leading payment processor, to provide you with innovative payment solutions to enhance your business. Chamber members who take advantage of Elavon’s payment processing program will get the Chambers preferred partner pricing. Contact John Webb for learn more 937-671-1606 or email@example.com
Worker’s Comp: Hunter Consulting Company provides comprehensive consulting and claims administration in the area of workers’ and unemployment compensations. The Group Rating program was designed to substantially reduce your company's rates, which in turn represent significant savings for your company.
Chamber Energy Program: Community Energy Advisors (CEA) is a Public Utilities Commission of Ohio (PUCO) certified energy management firm that educates and empowers organizations to maximize the economics of their energy assets. By staying one step ahead of changes in the energy industry and utilizing analytics, advanced tariff modeling and reporting, CEA delivers a multitude of energy management solutions that positively impact customers’ bills.
Strategic HR inc.: strategic HR inc. is an outsourced HR management firm working with organizations that have a lean HR or no HR department. Our HR experts partner with you to support some or all of your HR needs, without adding headcount. For a free quote contact our experts ChamberSales@strategichrinc.com
Teamworx: Employers are able to run their payroll, taxes, under Teamworx’s Fed ID instead of their own. Teamworx provides payroll, taxes, workers comp, unemployment/HR, safety services to their clients. Contact James Baker for details 513-315-8834 or firstname.lastname@example.org For more information about the chamber of commerce or to become a member, please contact us at 513-932-1100.
SOCA Benefit Plan and Anthem Chamber Saver: Berry Insurance Agency 513-932-4010
Michael Insurance Planning 513-932-7111
Coyne Insurance Agency 513-932-3796
Legal Shield ID Shield: Todd and Nick Goodwin 855-294-0888
SOCA Pooled Employer Plan: Dale Essenmacher 248-212-3223
Elavon Merchant Processing: John Webb 937-671-1606
Workers Comp: Jeff Price 513-372-8718
Strategic HR Inc: Melissa Dern email@example.com
Teamworx: James Baker 513-315-3223
Chamber Energy Program: Rick Davidson 330-721-8000
Questions about SOCA? Visit our website.
NEW: SOCA Pooled Employer Plan
Under the SECURE Act, the first significant retirement-related legislation in more than a decade, employers can offer retirement plans to their employees through a Pooled Employer Plan (PEP). In a PEP, employers of all sizes, industries, locations etc. can join together and become a "member employer" through the SOCA Pooled Employer Plan (SOCA PEP). The Newport Group the Pooled Plan Provider (PPP) of the SOCA PEP is responsible for establishment, management, fiduciary oversight and operations of the plan on behalf of the member employers. For more information contact Dale Essenmacher at 248-212-3223 or firstname.lastname@example.org
3 Reasons why your company would want to join the PEP:
- Operational Efficiency (studies have shown that companies save between 100-150 hours a year by joining these types of plans)
- Elevating Fiduciary Liability (Newport will become the 402(a) named fiduciary on your plan)
- Cost Savings (a typical adopting employer will save 30%-40% from a standalone plan)
Newport Secure Retirement PEP Digital Brochure (Flipbook)
For more information contact Dale Essenmacher at 248-212-3223 or email@example.com