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“ TOGETHER We’re Better”. February 2013. What is OSSC. Current Status. Incorporated March 11, 2011 Business Plan Developed By-Laws in Place Policies & Procedures Adopted Annual General Meeting Held Board of Directors Elected 11 Corporate Agreements/Partners
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“TOGETHER We’re Better” February 2013
Current Status • Incorporated March 11, 2011 • Business Plan Developed • By-Laws in Place • Policies & Procedures Adopted • Annual General Meeting Held • Board of Directors Elected • 11 Corporate Agreements/Partners • 33 Signed Member Organizations • Office at 33 Pippy Place, St. John’s • Web Page www.osscnl.ca • E:mail address ossc@osscnl.ca • On Facebook & Twitter • Marketing RFP Advertised
Current Status Cont’d. • We have an exceptional insurance package through Fraser-Hoyt – Blue Cross (transferable) • Keen interest regionally and sector based in becoming members. (Industry, Social, Economic, Church) • Currently seeking additional partners and members through our market development strategy
OSSC “ Current Board of Directors” • Christine Snow – Chair • Lloyd Harnum – Vice Chair • Ted Lomond – Treasurer • David Penner – Director • Cyr Couturier – Director • Lisa Davis-Ryland – Director • Denise Walsh – Ex-Officio Secretary • Sam Kean – Ex-Officio
Why a Cooperative • Members retain organizational independence, but collectively support each other • More competitive insurance and service rates based on volume and increased purchasing power • Operated as a business based on equal share capital and financial sustainability • Surpluses funds used to ensure financial stability & reduce costs for members. • Share capital equal and one vote per organizational member.
Membership Benefits • Increased purchasing power • An expanded resource base (network resources) • Timely & professional support services • Equal participation • Share in savings based on volume • Save time & money • Share best practices • Improve operational stability
OSSC Operational Objectives • The services offered by OSSC will meet three key objectives: • Provide tangible operating savings and other real benefits to cooperative members; • develop service levels to ensure the long-term viability, sustainability and financial self-sufficiency of the cooperative and its member organizations; and • assist our members and potential members in a timely and professional manner.
What’s in it for “YOU” Insurance at reduced rates and custom to your organizational needs. Also discounted rates on: Travel and Accommodations Vehicle Rentals Printing and Media Office Supplies Communication (phone/internet) HR Administrative Requirements “Together we’re Better”
OSSC Partners SteeleHotels
Partnership Agreement! The greater the number the greater the purchasing power! Together we’re Better! • Current Agreements: • Accommodations – Steele Hotels • Local Flights – PAL • Insurance – Fraser Hoyt (Blue Cross) • Printing – The Hub • Communication – Bell Aliant- WorldLynx • Office Supplies – Staples Advantage • Media – Transcontinental • Vehicle Rentals – Avis/Budget Group Together, We’re Better
Affordable Insurance • NGOs are normally directed by volunteer boards that require liability insurance. • To attract and retain capable staff, NGOs must provide their employees with health benefits • Most NGOs are not large enough to ‘self-insure’, or obtain significant volume discounts and attract larger vendors. • As members of the OSSC you will be able to maximize your coverage based on volume quote.
Insurance Partners • Fraser & Hoytis our broker and rates will be based on information provided. • Each organization applying must be a member in good standing of the Cooperative • Group profile is required with application (Blue Cross is the carrier) • Monthly billing charge to each participating group of approximately $10 + tax.
Three Choices Comprehensive Insurance Packages AD & D Drug Liability Hospitalization Paramedics Dental Life Orthodontist • Coverage: • The new cooperative plan has three tiers coverage: • Gold – REDBs – CBDCs are at this level! • Silver Medium level coverage • Bronze(Scaled down insurance package)
Gold Plan Offers….. • Life Insurance: 3 x salary to a maximum of $250,000 • Accidental Death & Dismemberment: • 3 x salary, to a maximum of $250,000 • Dependent Life Insurance: Spouse $10,000 and each child 5,000
Gold Plan Extended Health Care • Direct Pay Drug Card - $10.00 deductible / prescription drug • Vision care - $150 every 24 months (every 12 months for children under the age of 21) • Eye Exam – Once every 24 months (every 12 months for children under the age of 21) • 100% Semi-private Hospital • Paramedical Services - $500
Gold PlanDental Insurance Oh! There’s my watch. Basic Dental 100% reimbursement to an Annual Maximum of $2,000 Major Dental50% reimbursement to an Annual Maximum of $1,000 Orthodontist50% coverage to a lifetime Maximum per family member $1,000 Terminates at Age 70
Prices are based on 2012 rates. Three persons One of which is single The remaining Two are family
What’s Next? New - Web Page! - Office Location! - Display Unit! - Printed Materials! - Agreements/Partners!
ShareRequirements • All members are required to purchase 20 shares • Shares cost $50.00 each • Five (5) shares must be purchased on joining - $250.00 • Remaining 15 shares purchased over 5 years - $750.00 • Total share cost over 5 years $1,000.00
CONTACT US Web Site: www.osscnl.ca Email: ossc@osscnl.ca Tele: 709 753-8461 Cell: 709 685-0066 33 Pippy Place St. John’s NL A1B 3X2
QUESTIONS • THANK YOU