The Intergovernmental Personnel Benefit Cooperative (IPBC) is an entity created under Illinois state laws, which allows local government groups to band together for the purposes of insurance. The IPBC was established in 1979 and includes 130 entities as members.
The IPBC provides economies of scale and risk pooling that allows members more financial stability than offered by the commercial insurance market in a fully transparent environment. Members retain the right to create and change their plan design, which is often required due to the nature of bargained contracts. The IPBC provides a choice of providers including Blue Cross Blue Shield, MetLife, The Standard, and United Healthcare.
For more information or to receive a proposal contact:
Shawn Hamilton, Area Vice President