Iowa Employer Coalition 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 is excited to announce a new health insurance product offering Iowa-based employers more control of their health insurance future and a simplified, consumer-driven plan design that will work better for employees.
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Giving employers more influence and a new level of collaboration

We have 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 employer groups with more than 51 employees.
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Bringing together like-minded employers for a more predictable and stable insurance pool

The product, referred to as the Employer Coalition, will be available beginning January 1, 2019. It brings together like-minded employers in the fully ensured 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.

The Employer Coalition creates a stable insurance pool that is more predictable and offers a new level of partnership and collaboration, including the following benefits:

• Provides an insurance pool with features designed to stabilize costs, simplify administrative burdens and help employees better understand and utilize their benefits
• The pooled program 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
• The simple plan designs help employees better understand and use their benefits, along with offering educational opportunities to help improve their overall health and financial well-being
• Provides additional benefits to help employees with health care expenses
• Plan allows for semi-annual stakeholder meetings, thus allowing employers more influence in the decisions impacting the program. ​