Page 37 - December 31 2017 Reporter
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The BackPage
We are Your Advocates
Hillary in Group Healthcare Bob
Meyers Penwell
Hillary Meyers, Trust Manager • 217.522.5575 x216 • hmeyers@ilfi.org
Bob Penwell, Relationship Manager • 217.741.7326 • bpenwell@ilfi.org
At the Illinois League group insurance Trust, The League Trust is responsible for the
our members work with Trust representatives entire billing and enrollment process. We can
who deal exclusively with Illinois based help to identify missing information on the
financial institutions and affiliated groups that front end to avoid unnecessary questions and
provide services to banks. We provide only delays later. We know our members personally
group insurance products. We don’t offer and often the communities they serve. In many
commercial or personal property or casualty situations we know other banks in the area.
lines so we have no cross sell marketing We feel our program is open and
programs to promote. Our time and effort is transparent. Our consultants negotiate our
spent solely on providing service to existing renewal each year and put our benefits out
members and getting new groups enrolled in a for bid in the open market at appropriate
fast and efficient manner. times. Fall seminars are held throughout the
At the League Trust, we understand State well before renewal to let members and
financial institutions and the unique needs prospects know what benefits will be available
that have to be considered for directors, in the coming enrollment period.
retirees, Medicare and COBRA options. Individual banks benefit from the
Special situations might arise due to an representation of a “louder voice” to assure
early retirement package for a bank officer. their requests or concerns are identified and
Coordinating meetings to review benefits brought to the attention of the insurance
between multiple branches or among tellers carrier. What better way than to speak as
working various rotations. Mergers and one large group and have the ear of special
acquisitions of two financial institutions and representatives at the insurance company
expanding branch offices (sometimes in other assigned to the account? This is one of
States). There have been occasions where the main reasons individual groups banded
our members are managing separate entities together years ago to capitalize on the buying
within the bank such as in-house insurance power and strength in numbers of a large
agencies. These are just a few examples of group network.
the challenges faced by our members in their
If you haven’t checked out our group
efforts to provide their employees transparent
insurance program, consider some of the
and accurate group health related information.
advantages offered by our program and give us
It remains our mission to be available to our
a call.
members as they work through any situation.
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December 2017 IllInoIs RepoRteR
