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MILWAUKEE, WI – December 21, 2020 – Although human resources professionals are very familiar with these accounts, some employees may not understand how to distinguish between flexible spending accounts, health reimbusement arrangements, and health savings accounts. InterLutions created a convenient infograph to show the key differences between these.
MILWAUKEE, WI – November 18, 2020 – InterLutions, a CUSO specializing in expense reduction and revenue enhancement, is leveraging its vast resources in pricing and service data to bring clients significant cost savings. Since 2017, the CUSO has helped 30 credit unions save a combined $10 million through enhanced contract negotiation.
MILWAUKEE, WI – September 24, 2020 – Remote healthcare services have grown significantly over recent years, bringing technology and healthcare closer together. Terms like telehealth, telecare, and telemedicine are being used more frequently. The question is, what are the differences between these terms?
MILWAUKEE, WI – August 20, 2020 – I-Care, a collaborative employee benefits program for credit unions, recently released the renewal numbers for its Association Health Plan members. All credit union participants will receive a flat renewal for 2021, meaning there will be no price increases for the upcoming plan year. The CUSO delivering the solution to credit unions, InterLutions, believes the positive news derives from one key component – collaboration amongst an industry that consistently performs better than other employer groups, from a medical insurance claims perspective. The good news for I-Care participants follows a year where credit unions experienced an average cost savings of 12% by switching to the Association Health Plan.
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The ERISA is a friend of mine podcast covers employee benefits compliance on Employee Retirement Income Security Act (ERISA) and other employee benefits laws.
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I can trust that nothing will fall through the cracks - their track record for following through with the plan, both on time and on the money is unquestionable. Educators Credit Union fully intends to use this solution going forward to review other areas.
Kurt Johnson, CFO $2.3 billion Educators Credit Union
Moving to I-Care was transparent to our employees, seamless to HR, and reduced our health insurance fixed costs by over 25% compared to our former long-term provider. In working with I-Care, we maintained total control over our plan design and were able to utilize the providers and networks we wanted.
David Powers, Chief Financial Officer $4.8 billion Landmark Credit Union