The Conference Board of Pension and Health Benefits (CBOPHB) has set the health insurance premium rates for local churches, effective January 1, 2021. Shown with the 2020 annual rates for comparison, the 2021 annual rates will remain unchanged. See chart below:
|Plan Type||2020 Premium||2021 Premium|
|Employee + Only (single)||$15,000||$16,500|
|Employee + Children (no spouse)||$15,000||$16,500|
|Employee + Spouse (no children)||$15,000||$16,500|
|Employee + Spouse + Children||$15,000||$16,500|
As communicated over the past number of years, it was the goal of the CBOPHB in consultation with the Appointment Cabinet, to develop a “blended” premium rate for all health plans types, so that health insurance cost does not play a role in determining clergy appointments.
Effective 2021, HealthFlex will no longer offer the traditional stand-alone health plan and instead offer the HealthFlex Exchange that includes six medical plans, three dental, and three vision plans. In Previous years, the Board had approved an HRA account balance for participants that are active in the HealthFlex plan. Beginning in 2021, with the introduction of the HealthFlex Exchange, the Board is unable to provide the HRA balances that we provide today. However, the Private Exchange does offer other options including Flexible Spending Accounts, Health Savings Account, and premium tax credits (premium tax credits are dependent upon the plan you choose and will be addressed at a later date).
The Conference Board of Pension & Health Benefits will be announcing virtual educational sessions for the fall. More information will be forthcoming. In the meantime, please continue to visit the HealthFlex Exchange webpages for additional information.
You may speak with me or any member of the Conference Board of Pension and Health Benefits if you have any questions or concerns.
William B. Wilson, Sr., Chairperson,
Conference Board of Pension and Health Benefits
Members: Robert Baker, Jennifer Cho, Daniel Gepford, Edward Gilsky, Erik Hall, Bud Larson, Erica Munoz, Debbie Santarpio, William Williams III, Scott Woodfield