75% of members could save an average of 10% or greater on their employee benefits costs
The last several years have been a wild ride for healthcare reform. From changing policies, to emerging markets, and the recent pandemic, finding affordable healthcare coverage has become a challenge for many business owners and their employees. To provide a better healthcare option for our members, the IRTBA began exploring an Association Health Plan (AHP) last year. AHPs allow employers to band together in a national plan, using combined membership to negotiate better terms with insurance carriers, better network options and lower costs. After receiving a great deal of interest from our member survey last June, we are excited to announce we will be launching a new AHP with Cigna.
The Association has chosen Cigna for their accessibility of network, claims adjudication quality, and financial savings for our members. This new plan will be created as a fully-insured plan in Illinois. It can be sold and serviced by any licensed insurance broker, so your current broker will have the ability to obtain a quote to compare against your current program. Smaller and mid-sized firms can potentially gain significant health insurance savings by joining in this plan. Should an IRTBA member firm decide to join the program, your chosen broker will be able to receive commissions for servicing your account.
This new program will be managed by Assurance, a Marsh & McLennan Agency company. To learn more, please login to view whom to contact.
Frequently Asked Questions
Click here for a list of FAQs and answers to help your firm become better informed about IRTBA's Association Health Plan.