Competitive Advantages
IGHCP's competitive advantages include:
- Each entity is individually underwritten to continually attract new groups
- Discounted insurance premium due to pooled group size
- Funded so employers can closely match existing benefit design (union agreements)
- No state or federal taxing, profit, or mandate costs on the portion that is self-funded
- The impact of renewal is diminished due to shared funding structure
- Dollars that are not spent within the shared funding account are retained by each individual entity
- Pooled risk for purposes of renewal
- Renewals are calculated based on claims usage of entire trust
- Protection from bad claims years because of shared risk
Call IGHCP: 1-800-373-1327