MEMPHIS, TN. Tuesday, January 7, 2024 – Chamber Benefits, Inc. (CBI), a subsidiary of The Greater Memphis Chamber, announced today that the Chamber has teamed up with Cigna Healthcare to offer health plans designed to improve health and help lower costs for area businesses. CBI was created to provide member businesses with high-quality and affordable solutions on essential business expenditures.

Qualifying Greater Memphis Chamber member companies can receive an exclusive 2% discount on Cigna Healthcare’s level-funded health plans. These plans offer the advantages of self-funding and financial predictability.

“In the fast-paced business landscape of today, employee well-being is vital to your business’s success,” stated Ted Townsend, President & CEO of the Greater Memphis Chamber. “Our partnership with Cigna Healthcare aims to offer affordable health plans tailored for companies of all sizes, and we are particularly proud to extend these savings to small businesses.” Over 90% of the Chamber’s membership is classified as small business.

“We are pleased to team up with the Chamber and CBI to provide affordable health benefits plans to help improve health and vitality for Memphis companies, their employees, and families,” said John Webb, Cigna Healthcare TriSouth president. “Our personalized products and solutions lead to more predictable costs, and we know that a healthier, stronger, and more productive workforce is essential for business success.”

Cigna Healthcare plans designed for small to mid-sized businesses are fully integrated, with medical, behavioral, and pharmacy benefits included. These plans feature local and national network options, offering flexibility to fit a small business’s specific needs. Cigna Healthcare’s robust network of doctors, specialists, and hospitals includes 98% of all practicing physicians in the Memphis metro area, including independent physicians as well as physicians employed by
Methodist Le Bonheur Healthcare, Baptist Memorial Health Care, St. Francis Healthcare, and Regional One Health.

For Chamber member companies looking for traditional insurance, Cigna Healthcare offers fully insured small group health plans designed for businesses with at least one qualified full-time (or full-time equivalent) employee other than the business owner or spouse.

Companies, including non-members of the Chamber, interested in participating in the Chamber’s
Cigna Healthcare Plan should contact their local insurance broker or visit our website (CLICK HERE).

“CBI is pleased to provide these resources to businesses in the Greater Memphis region while also supporting the work of the Chamber,” said CBI President Rob Recker. “Every day, we search for products that can make a business greater and help with its bottom line. We are pleased to offer this new cost-saving benefit from Cigna Healthcare and continue to grow our
local economy.”

About The Greater Memphis Chamber
One of Memphis’ oldest institutions, dating back to 1838, the Greater Memphis Chamber is a privately funded nonprofit that serves as the region’s lead economic development organization and the “Voice of Memphis Business” on local, state, and national issues. The Chamber’s mission is to drive the Memphis business agenda for Greater Memphis. We do this by relentlessly pursuing prosperity for all — through economic and workforce development, pro-growth advocacy, and by providing support and resources to its investors, which include many of the region’s largest employers. For additional information, please visit www.memphischamber.com