Navigation Links
Prominent Philanthropies and Businesses Join Freelancers Union to Pioneer New Health Insurance Model
Date:12/8/2008

The Rockefeller Foundation, New York State Health Foundation, Ford Foundation, New York City Investment Fund, Prudential Social Investment Program and the Pioneer Portfolio of the Robert Wood Johnson Foundation Among Investors to Join Leading Advocate for Independent Workers to Launch Freelancers Insurance Company New Safety Net Created for One-Third of America’s Workforce

NEW YORK (Business Wire EON) December 8, 2008 -- NEW YORK (Business Wire EON) December 8, 2008 -- With layoffs on Wall Street and in the corporate sector putting health insurance front and center in the national debate, a group of the country's leading philanthropies and businesses has joined together with Freelancers Union, a national non-profit organization, to pioneer a new model for providing health insurance to independent workers. Rockefeller Foundation, New York State Health Foundation (NYSHealth), Ford Foundation, New York City Investment Fund, Prudential Social Investment Program, the Pioneer Portfolio of the Robert Wood Johnson Foundation and others, along with Freelancers Union, have contributed a pool of $17 million, in the form of grants and loans, to launch Freelancers Insurance Company, Inc. (FIC), which will offer new and innovative and flexible health insurance plans for eligible independent workers - initially in the New York area, but eventually spreading to other locations as well.

Freelancers Union has offered health insurance plans to members previously, but those were commercial plans operated by traditional carriers. As a freestanding insurance company, FIC enables members to select plans that are custom designed based on their needs, as opposed to buying whatever plans happen to be commercially available and may be subject to cancellation based on the insurer's financial reasoning. FIC offers five health insurance plans that have been approved by the New York State Insurance Department. The philanthropic investors have taken an entrepreneurial approach to support the nation's evolving workforce and provided significant support to make the launch of FIC possible.

"As more and more people take on non-traditional work arrangements, they need a new way to come together for the benefits customarily delivered through employers, including health insurance. Through the Portable Benefits Network, Freelancers Union has successfully provided benefits attached to the individual, rather than the employer, to thousands of previously uninsured workers, for the past eight years," said Sara Horowitz, executive director of Freelancers Union. "We are overjoyed about the launch of Freelancers Insurance Company because of the flexibility it affords us in customizing health insurance plans, now that we are not at the whim of the insurer. This is one giant step in a long, thoughtful effort to create a new safety net for the nation's independent workforce."

"As part of the Governor's Partnership for Coverage, we have been working on significant reforms to make quality, affordable health insurance available to all New Yorkers," said Insurance Superintendent Eric Dinallo. "As these broad reforms continue to be developed and implemented, Freelancers Insurance Company offers the promise of a lower-cost health insurance alternative for independent workers right here, right now. We look forward to continue working with Freelancers as this exciting experiment unfolds."

The more than 19,000 New York-based people who are currently insured by Empire BlueCross BlueShield through Freelancers Union have been provided with information to participate in open enrollment, which began on November 11, 2008 and will end on December 31, 2008. Thus far, the rate at which members are enrolling under the new plans is outpacing previous enrollment periods for Freelancers Union. The carrier switch to FIC will be seamless and while members will be provided with new cards and improved plans, they will be able to continue to use their current doctors and health care providers under the BlueCard PPO provider network. As membership increases and the organization continues to evolve, FIC will annually survey its members on their needs to ensure that the benefit offerings remain suitable for this growing constituency group. The independent workforce, defined as freelancers, consultants, independent contractors, temps, part-timers, contract workers, contingent employees and the self-employed, is currently comprised of more than 30 million workers across the nation.

"The Rockefeller Foundation is proud to support the groundbreaking work of the Freelancers Union as a part of its $70 million Campaign for American Workers," said Judith Rodin, president of the Foundation. "As the 20th century's social contract frays, independent workers – contractors and freelancers who comprise almost one-third of America's workforce – need new tools and rules to help them access high-quality, affordable health care. The Freelancers Union is pioneering these solutions and helping to weave a 21st century economic safety net."

"Viable ideas for expanding health insurance coverage are rare; this initiative is an excellent example of innovation that could spread insurance coverage to thousands of workers statewide," said NYSHealth President and CEO James R. Knickman. "The New York State Health Foundation has its roots in earlier efforts to make health care more affordable and accessible, and we are committed to reducing the number of uninsured through initiatives like this one."

At the present time, FIC offerings are only available to eligible independent workers in the New York metropolitan area. However, Freelancers Union offers health insurance to independent workers in 30 additional states through Golden Rule, and dental insurance in all 50 states through The Guardian Life Insurance Company of America. Freelancers Union is currently identifying additional states in which it may launch the Freelancers Insurance Company model. Freelancers Union has more than 93,000 members nationwide. In addition to insurance and benefits packages, members enjoy professional discounts, networking opportunities, educational workshops and advocacy initiatives to improve the political and economic climate for this growing sector of the workforce.

For further information on Freelancers Insurance Company, eligibility requirements and the specific plans offered, visit www.freelancersinsuranceco.com.

For further information on Freelancers Union, visit www.freelancersunion.org

Following is a list of Web site addresses for each of the philanthropies or businesses that have made contributions to make the launch of Freelancers Insurance Company, Inc. possible:

The Rockefeller Foundation: www.rockfound.org

New York State Health Foundation: www.nyshealthfoundation.org

Ford Foundation: www.fordfound.org

New York City Investment Fund: www.nycif.org

Prudential Social Investment Program: www.prudential.com

The Pioneer Portfolio of the Robert Wood Johnson Foundation: www.rwjf.org/pioneer/

Read the full story at http://www.prweb.com/releases/freelancers_union/new_york/prweb1722864.htm


'/>"/>
Source: PRWeb
Copyright©2008 Vocus, Inc.
All rights reserved

Related medicine news :

1. Prominent Cosmetic Dentist Dr. William Hoskyns Joins Leading Atlanta Practice
2. Prominent Farmington Plastic Surgeon Uses Two New Non-Surgical Procedures to Tighten Skin and Remove Fat
3. Prominent Chick Lit Novelist Laura Zigman Joins HealthCentrals MyBreastCancerNetwork.com as Expert
4. Prominent Orthopaedic Hand and Upper Extremity Surgeon Joins Radlink Board of Directors
5. Prominent Respiratory Therapist and Author Joins StopSmokingConnection.com as a COPD Expert
6. Prominent Health Care Executive, Kevin Kraushaar, Joins Triadvocates LLC as Managing Principal of DC Office
7. Prominent Cosmetic Dermatologist and Author Joins MySkinCareConnection.com
8. Highmark, Prominent Part of Pittsburgh City Skyline, to Go Dark for One Hour to Support the Environment
9. Two Prominent Nebraska Doctors Become Patients in Living Donor Liver Transplant
10. Prominent Advocate on HIV/AIDS Issues Joins Altarum Institute
11. ATS Medical Products Prominently Featured in International Society for Minimally Invasive Cardiothoracic Surgery (ISMICS) Scientific Presentations
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/8/2016)... ... February 08, 2016 , ... Guruji Mahendra Kumar Trivedi is ... 11th, 2016 in honor of his birthday on February 10th. During this time, ... Trivedi is known by over 250,000 people from over 40 different countries as an ...
(Date:2/8/2016)... ... February 08, 2016 , ... According to research by the ... dental technicians to be certified or obtain continuing education. To increase patient awareness ... In Your Mouth?” campaign to inform dentists and patients about the possible lack ...
(Date:2/7/2016)... Birmingham, Lake Orion, Clarkston, Metamora, Michigan (PRWEB) , ... February 07, ... ... women on Friday in recognition of National Wear Red Day. National Wear Red ... heart disease and stroke in women. Heart disease and stroke cause 1 in 3 ...
(Date:2/7/2016)... ... 2016 , ... Dr. Todd Hobgood , certificated in ... surgical expertise. Technically known as deoxycholic acid or previously as ATX-101, Kybella® ... for reduction of fat below the chin (aka the “double chin”). Medication side ...
(Date:2/6/2016)... ... 2016 , ... US Sports Camps is proud to sponsor the Bay Area ... top non-profit leaders, ultimate organizations, and coaches from around the US. The theme for ... Program Director of Youth and Education, describes this year YUCC as “an important conversation ...
Breaking Medicine News(10 mins):
(Date:2/8/2016)... , Feb. 8, 2016 ... the addition of the "Label-Free Detection ... Forecasts to 2020" report to their ... announced the addition of the "Label-Free ... Global Forecasts to 2020" report to ...
(Date:2/8/2016)... , Feb. 8, 2016  Unilife Corporation ("Unilife" or "Company") ... of injectable drug delivery systems, today announced that it will ... ended December 31, 2015 after market close on February 9, ... conference call to discuss these financial results.    ... --> About Unilife Corporation ...
(Date:2/8/2016)... 8, 2016  Sangamo BioSciences, Inc. (NASDAQ: ... announced that the U.S. Food and Drug Administration ... (IND) application for SB-318, a single treatment strategy ... Type I (MPS I). The SB-318 IND application ... a Phase 1/2 clinical study (SB-318-1502) designed to ...
Breaking Medicine Technology: