How does an OCHBP Trust work?
The OCHBP Trust harnesses economies of scale that allow small businesses to band together to obtain health benefits at rates comparable to larger self-funded single employers. Each participating employer is the sponsor of its own group health plan under ERISA and must assume certain responsibilities under state and federal benefits law; including reporting, disclosure, and fiduciary provisions. Participating employers, however, are able to leverage the expertise of the benefits administrator, UnitedHealthcare, in meeting these benefit plan obligations.