You care about your employees, and you want to provide quality benefits — but rising costs, rate instability and short renewal timeframes make it harder every year.
Iowa Health Insurance Pool
Iowa employers - we hear you. We understand you want more influence in the decisions impacting your organization’s health insurance program and more control to stabilize health benefit costs.
LMC has teamed up with Iowa’s largest insurer, Wellmark Blue Cross and Blue Shield, to create a new and innovative health insurance product for Iowa-based employers with 51-500 eligible employees. It's called the Employer Coalition.
LMC has teamed up with Iowa’s largest insurer, Wellmark Blue Cross and Blue Shield, to create a new and innovative health insurance product for Iowa-based employers with 51-500 eligible employees. It's called the Employer Coalition.
Bringing together like-minded employers for a more predictable and stable insurance pool
The Employer Coalition brings together like-minded employers in the fully-insured market who are asking for more influence in the decisions impacting their health insurance programs, and more control to impact wellness factors and health benefit costs - creating a stable insurance pool that is more predictable and offers a new level of partnership and collaboration.
- Features designed to stabilize costs, simplify administrative burdens and help employees better understand and utilize their benefits
- Smooths out future renewals with eventual impact of loss ratio within a tight band
- Promotes a collaborative approach to give employers the ability to impact the long-term strategy on health care, provide influence to improve the health outcomes of their employees and support investment in population health management
- Simple plan designs help employees better understand and use their benefits
- Plan allows for semi-annual stakeholder meetings, thus allowing employers more influence in the decisions impacting the program