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From the April-11, 2007 issue of Credit Union Times Magazine • Subscribe!

Connex CU, CU Members Health Plan Team Up for Health Care Savings

NORTH HAVEN, Conn. -- Connex Credit Union has teamed up with Credit Union Members Health Plan to offer an effective way to reduce annual health care costs.

The partnership promotes access to affordable health care coverage for individuals, families and small businesses.

The plan offers three main advantages:

oConsumer driven health plans that put employees in charge of how their health care dollars are spent;

oQualifying Health Savings Accounts (HSA) with lower premiums than traditional HMO and PPO plans; and

oTax-savings from your Connex Credit Union HSA.

Access to affordable health care insurance is reaching a crisis level in Connecticut. According to a recent survey by Connecticut Office of Healthcare Access, more than 400,000 Connecticut residents, many of them individuals and employees of small businesses, have no health insurance. Statewide, businesses, insurers, legislators and citizens are working together to generate solutions designed to make health insurance more affordable and accessible to Connecticut residents, employers and their employees.

According to Bruce J. Fafard, vice president of sales and service at Connex Credit Union, partnering with Credit Union Members Health Plan on behalf of its members is one way that Connex is helping bring health care coverage within reach of as many as possible, particularly those who might otherwise go without.

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