Creating a self-insured cooperative in Illinois looks increasingly promising.
SBAC partner SimpleHX, a collaborative of business and medical professionals, is working with Horton Insurance Group and Allied Benefits Systems Inc. to create the cooperative in order to stabilize health insurance costs, bring transparency to the process and create business opportunities throughout the region.
SimpleHx submitted our federal grant application to request funding to launch the cooperative. The application will include over 20 letters of support from business organizations, as well as a letter of support from Governor Pat Quinn. Click here to view the SBAC’s letter of support.
We will keep you posted as the process progresses.