If you’re a small business owner considering the Chambers Plan for your group benefits, it might seem like the go-to solution. After all, it’s marketed as affordable and accessible for smaller companies. But does it truly deliver the best value for businesses with more than three employees?

Here’s the thing: while the Chambers Plan has its merits, it also comes with some significant limitations that could leave you paying more and getting less. Enter Equitable Life’s EZBenefits program—a modern, flexible alternative that’s designed to meet the needs of growing businesses like yours. Let’s break it down.

The Chambers Plan: What You Should Know

The Chambers Plan pools small businesses together to create group buying power, providing coverage at rates that are often unattainable for individual companies. While this approach works well for very small organizations, it has some notable drawbacks, especially as your team grows.

The Downsides of the Chambers Plan

• Membership Requirements: To access the Chambers Plan, your business typically needs to be a member of the Chamber of Commerce, adding an additional annual cost.
• Expensive for Businesses with More Than Three Employees: While the Chambers Plan markets itself as affordable, costs can skyrocket as your team grows beyond three employees, making it less appealing for expanding businesses.
• Coverage Limitations in Year One: Many new users of the Chambers Plan face restricted coverage amounts and limited usability in their first year.
• Tied to Group Rates: Your rates are pooled with other small businesses, meaning your premiums can increase based on the group’s usage, even if your business has moderate claims.
• Administrative Complexity: For some businesses, navigating the Chambers Plan can feel like more work than it’s worth, especially when modern alternatives exist.

Equitable Life’s EZBenefits: A Smarter Alternative

Equitable Life’s EZBenefits program offers everything the Chambers Plan does—and more—while addressing the shortcomings that make the Chambers Plan less than ideal for businesses with more than three employees.

Why EZBenefits Stands Out

• No Membership Required: Unlike the Chambers Plan, you don’t need to be a Chamber of Commerce member to access EZBenefits. You get the best rates without the extra costs or red tape.
• Tailored for Teams of 3+ Employees: EZBenefits is specifically designed for businesses with more than three employees, offering competitive pricing that grows with your business, not against it.
• Full Coverage from Day One: There are no restrictions on coverage amounts or usability in the first year. Your team gets access to everything they need immediately.
• Individualized Rates: With EZBenefits, your premiums are based on your usage and claims history, not the pooled performance of unrelated businesses. This means you won’t pay for others’ high claims.
• Simplified Administration: Say goodbye to administrative headaches. EZBenefits comes with tools that make managing your plan easy, including direct pay and an intuitive app.
• Employee-Friendly Features: Your team will love the streamlined claims process, quick reimbursements, and easy access to benefits information through the app.

EZBenefits vs. Chambers Plan: The Key Differences

Why Your Business Deserves Better

If your business has more than three employees and you’re currently on the Chambers Plan, you’re likely overpaying and underutilizing your benefits. EZBenefits is built to eliminate the inefficiencies and frustrations that come with pooled plans, offering tailored solutions that grow with your business.

Here’s the bottom line: You don’t have to settle for outdated systems or inflated costs. EZBenefits offers modern flexibility, transparency, and simplicity—everything your business needs to provide top-notch benefits to your team without breaking the bank.

Let’s Talk

If you’ve outgrown the Chambers Plan or are curious about how Equitable Life’s EZBenefits can transform your group benefits experience, let’s have a conversation. With smarter pricing, better coverage, and simplified administration, EZBenefits is the solution your business deserves.

Contact us today to learn more—your employees will thank you!