MADISON, Wis. (10/2/14)--CUNA Mutual Group announced Wednesday that more than 770 credit unions have made its TruStage health insurance available, helping their members acquire affordable health insurance coverage since the program was introduced in July.
As a result, more than 8 million credit union members can now shop for and purchase health insurance through their credit unions starting Nov. 15, the beginning of the 2015 open enrollment period.
"A key part of building financial security is a solid health insurance plan, and as healthcare costs increase and new changes are implemented under the Affordable Care Act, credit unions can help their members prepare," said Corrin Maier, director of the TruStage's MemberCONNECT program. "The TruStage health insurance program broadens a credit union's product offerings and value. It provides members with a unique and simplified experience to help eliminate confusion from the health insurance landscape."
The TruStage health insurance program, provided through GoHealth, offers consumers access to all health insurance plans on healthcare.gov, plus additional plans from other carriers. Using GoHealth's Web-based platform, members can compare health insurance plans from various carriers, get quotes, estimate available federal tax subsidies and apply them directly to their health plan to receive lower monthly premiums. They can also shop over the phone with the guidance of licensed insurance advisers and apply for coverage.
Starting Oct. 8, TruStage will host open enrollment readiness webinars every week until open enrollment begins to introduce credit unions to the built-in marketing program for member communication and to offer guidance for program implementation. For more information, use the resource link.
Credit unions enrolled in the MemberCONNECT program, the conduit for credit unions to make TruStage products available, can still sign up to offer the TruStage health insurance program until Nov. 14.