Skip to main navigation Skip to main content

IPBC

Why IPBC

IPBC was built specifically for Illinois public employers. Through the cooperative model, Member Groups come together to share risk, leverage collective purchasing power, and create greater long-term stability while maintaining transparency and a voice in how the cooperative operates.  

Financial Stability 

Risk pooling and economies of scale provide Member Groups with greater financial stability than may otherwise be available through the commercial insurance market. 

Strength in Numbers 

With more than 180 Member Groups across Illinois, IPBC brings public employers together to create meaningful purchasing power and access to comprehensive benefit solutions.  

Member Governance 

IPBC isn't simply a benefits provider. Member Groups are part of the cooperative and participate in its governance through the Board of Directors, helping guide IPBC's finances and operations.  

Transparency 

Transparency is central to the IPBC model, helping Member Groups understand the cooperative's financial and operational decisions. 

Comprehensive Benefits 

IPBC provides access to a broad range of employee benefit programs and administrative services designed to support the needs of Illinois public employers and their employees.  

Who Can Join IPBC? 

IPBC membership is available to eligible Illinois public-sector entities, including: 

  • Municipalities 

  • Counties 

  • Special districts 

  • Intergovernmental agencies  

Long-term commitment to the philosophy of risk pooling has been instrumental in IPBC's success, with many Member Groups participating in the cooperative for more than three decades.  

Considering IPBC Membership? 

We'd love to introduce you to IPBC and help you determine whether the cooperative may be a good fit for your organization. Explore our membership information, review our New Member Policy, or contact us to start a conversation. 

Upcoming Events
+
Vendor and Carrier Partners
+
Average Years IPBC Member Tenure
+
Local Government Member Entities
+
Lives Covered
Share
Share on Facebook Share on X (ex Twitter) Share on LinkedIn Share via email More sharing platforms