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The Oklahoman's business cover briefs for Jan. 16, 2020

[File art: Metro Creative Commons]
[File art: Metro Creative Commons]

Health insurance offered to oil and gas companies

Petroleum Alliance of Oklahoma member companies have a new option to offer their employees' health insurance and other benefits, alliance officials announced Wednesday.

Officials said the alliance partnered with Blue Cross and Blue Shield of Oklahoma to create benefits packages tailored to energy companies that employ between two and 50 workers.

The plans include access to the state’s largest preferred provider organization of trusted health care services providers, deductible options, life insurance and nationwide access. The plans also include dental, vision and prescription drug coverage.

“This partnership will make it possible for our members to provide affordable group health coverage to their employees,” Chad Warmington, president of the alliance, stated as part of the announcement.

Officials said coverage under the plans will be available March 1, and that member companies can either call 405-601-2501 or email benefits@okpetro.com to seek quotes, starting this week.

MidFirst Bank awarded $1M affordable housing grant

MidFirst Bank and Rebuilding Together OKC were awarded a $1 million Affordable Housing Program Grant from The Federal Home Loan Bank of Topeka to help low-income senior homeowners through the Safe & Healthy Housing Programs. The grant will fund home repairs throughout Oklahoma County and predominantly in low- or moderate-income areas.

The award will fund needed home improvements for low-income senior homeowners as well as special needs households and veterans and their survivors, officials said.

"MidFirst proudly supports the efforts of Rebuilding Together OKC and the Federal Home Loan Bank of Topeka to stabilize local communities," MidFirst Bank President Todd Dobson said. "This grant continues a partnership assisting homeowners with limited resources, and MidFirst is pleased to play a role in this important initiative."

Staff reports

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