MILWAUKEE, Wis.–Forty-five more credit unions have signed with InterLutions for its health plan solution.
The CUSO offers “I-Care,” which it said leverages data, technology, and collaboration to deliver competitive benefits to credit unions of any size or location. InterLutions said it has launched an in-house insurance agency to work exclusively with smaller credit unions, and it is now its “fastest growing product.”
"Small credit unions and their employees continue to pay more for health insurance while carriers profit,” InterLutions CEO Jessie Kohl said in a statement. “Through collaborative health plan models and leveraging claims data, our credit union clients are paying less while receiving comprehensive coverage."
The ‘Key Advantage’
According to InterLutons, a “key advantage” of the I-Care health plan lies in its enhanced underwriting strategies, resulting in more competitive premiums for credit union employees. The company said it also highlights medical claims reports demonstrating the overall healthiness of credit union populations, justifying lower premiums compared to other industries.
"We are excited to support credit unions in recruiting and retaining high-quality talent in this competitive labor market,” said Ken Meyer, the CUSO’s employee benefits executive. “Our tailored solutions empower credit unions to provide attractive benefits to employees, ensuring their sustained success."
Range of CUs Sign On
According to InterLutions, the 45 credit unions that have selected the solution represent diverse sizes, ranging from one to more than 100 employees, and span across 20 states.
“Working with InterLutions was one of the best decisions I made in transitioning from a very limited and expensive health plan to a cost effective, flexible plan that all of our employees enjoy,” said Mark Marczak, president/CEO of Iron County Community Credit Union.
Webinar Scheduled
With renewal season approaching, InterLutions is hosting a complimentary webinar on May 21 at 1:00 p.m. CT. It said the event will showcase success stories, demonstrating how credit unions are achieving significant savings while enhancing the quality of healthcare for their employees through collaborative health plan models.
For info: InterLutionsCUSO.com.