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.