The Southern Ohio Chamber Alliance (SOCA) Participating Employers are required to execute a Participating Business Acknowledgement agreement, which requires the payment of product dues to SOCA. Effective May 1, 2020, and beginning with all Participating Employers that have active enrollment in May 2020, product dues will be invoiced to each Participating Employer monthly at a per employee per month rate of $2.50 for each employee listed on the product dues invoice.
No retroactive enrollment adjustments will apply for product dues invoicing. Anthem will bill these product dues monthly on behalf of SOCA. The product dues will be invoiced separately from the Participating Employer’s monthly premium equivalent rate invoice and will be debited from the same bank account previously authorized by each Participating Employer via their EFT/ACH Authorization Form executed at the time of original enrollment in the Plan.
Contact your Cornerstone broker advisor with any questions.