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Nonstop Blog:

Nonprofit Association of Oregon (NAO) announces pilot launch of ground-breaking new health plan for small to midsize nonprofits

Insure Oregon Nonprofits to bring risk-free partially self-insured healthcare to NAO members

Portland, ORE. – OCTOBER 2015 – The Nonprofit Association of Oregon announced at their annual member meeting on October 7th the launch of a pilot program to bring an innovative new health plan to small to midsize Oregon nonprofits. Insure Oregon Nonprofits (ION) will provide partially self-insured health insurance plans, with zero financial risk, to participating NAO members with between 5-50 employees on benefits. Partially self-insured coverage couples a high deductible health plan (HDHP) with a reserve fund for out-of-pocket costs. ION is run in partnership with our organization, furthering our social mission as a healthcare broker serving the nonprofit community.

“While large businesses often take advantage of the benefits of self-insurance, nonprofits have typically opted out of self-funding due to the high financial risks,” said Jim White, Executive Director of the Nonprofit Association of Oregon. “The ION healthcare plan acts as stop-loss insurance on a partial self-insured health plan, eliminating any risk so smaller nonprofits can secure better health coverage for their employees and avoid double-digit premium hikes.”

The goal of ION is to change the way healthcare is delivered to the nonprofit sector in Oregon, allowing smaller organizations to access the same valuable and cost-saving advantages as larger for-profit businesses. Our organization has agreed to manage the financial risks associated with partial self-insurance for the participating nonprofits that are switching from conventional fully-funded group health coverage to partially self-funded employer-sponsored healthcare. The elimination of risk combined with decreased out-of-pocket expenses and customizable healthcare plans will give the pilot participants stability in premium pricing while enabling them to provide significantly richer benefits to their employees.

Healthcare is the number one benefit that employees consider when choosing a job, but nonprofits often struggle to provide competitive packages due to restrictive budgets,” said David Sloves, CEO of Nonstop. “With ION we eliminate this financial roadblock, helping organizations of all sizes attract and retain the talented staff they need to succeed.”

The pilot program will run through spring 2016 with a select group of small Oregon nonprofits. In May 2016, ION will be evaluated for efficacy and a strategy will be employed for formal roll out to all NAO members in the summer of 2016. On October 29th we will host the first in a series of monthly informational sessions about ION at the NAO office, located at 5100 SW Macadam Ave in Portland. This first meeting will be limited to 20 interested organizations. NAO members can find out more about ION and how to register for the lunchtime session by contacting Jody Schreffler at 503-260-5634 or jschreffler@nonstopwellness.com.

Our organization provides premium healthcare benefits and administrative services at a reduced cost to the organizations that need it most: nonprofits. With Nonstop Wellness, organizations with over 50 members on healthcare benefits typically save a minimum of 12.5% -- and often substantially more -- on their healthcare spend, meaning savings for both the employer and employee. Nonstop was founded in 2012 with the mission to help nonprofits be more sustainable businesses by offering the best benefits and administrative services to hire and retain top talent. Headquartered in San Francisco and Portland, Oregon, we are dedicated to helping nonprofits offer better health benefits for less.

The Nonprofit Association of Oregon works in partnership with nonprofits, policy makers, philanthropists, and government agencies to ensure nonprofit success. Through training, consulting, executive transition services, and advocacy, the Nonprofit Association of Oregon helps build strong nonprofits which help build strong and vibrant communities. For additional information about the Nonprofit Association of Oregon, its programs and services, and its membership, visitwww.nonprofitoregon.org.

For More Information Contact:
Jody Schreffler
Public and Community Relations
Nonstop Administration & Insurance Services, Inc.

Amy Callahan
Communications Director
Nonprofit Association of Oregon
503-239-4001 ext. 103

The information and materials herein are provided for general information purposes only and are not intended to constitute legal or other advice or opinions on any specific matters and are not intended to replace the advice of a qualified attorney, plan provider or other professional advisor. This information has been taken from sources believed to be reliable, but there is no guarantee as to its accuracy. In accordance with IRS Circular 230, this communication is not intended or written to be used, and cannot be used as or considered a ‘covered opinion’ or other written tax advice and should not be relied upon for any purpose other than its intended purp