Page 4 - 2018 Insurance Book

Thank you for your interest in the Illinois League of Financial Institutions Trust. The ILFI
Trust has been providing group health insurance products to Illinois’ thrifts and banks since
1967. In the last nine years alone, $140,000,000 in health insurance claims has been paid
on behalf of employees covered by health plans offered through the ILFI Trust.
You will be pleased to know that the Trustees have completed our negotiations with Blue
Cross Blue Shield of Illinois (BCBSIL) for our 1/1/2018 renewal. Our partnership with BCBSIL
continues to offer our members competitive rates in addition to access to one of the largest
provider networks in the nation. BCBSIL has contracted the deepest provider discounts
available in the marketplace while retaining access to the largest number of top facilities in
the Chicagoland region and in downstate Illinois.

We invite all organizations (past, present and future) to look seriously at the Trust’s offerings
as we believe they represent the best medical plans available in addition to a complete and
comprehensive ancillary benefits portfolio offering! In addition, ILFI Trust members will
have access (at no cost) to our benefits consultants at Clemens & Associates for advice and
assistance in complying with ACA on an ongoing basis.

For the 2018 calendar year, the Trust will continue to include benefits mandated by the
Affordable Care Act. The renewal average DECREASE this year will be 5.8% (which could be
different depending upon the plan chosen) over last year. We will be renewing all current
(8) health plans offerings with BCSBIL.

For the 2018 calendar year, we have a terrific opportunity for our members’ vision benefits.
Through the Dearborn National Eyemed plan, our vision benefits will be more comprehensive
than currently offered on our VSP plan.

In addition to our very broad and stable medical offering, we also have very positive news on
the rates concerning our ancillary product portfolio for 2018:

 The dental carrier - BCBSIL Rates will not change

 The vision carrier - Eyemed (individuals) – 4 yr. rate guarantee
Rates will increase $2.39/mo.
 The life carrier (Vol/Employer paid) Dearborn National - 2 yr. rate guarantee
Rates will not change

 The disability (STD/LTD) carrier Dearborn National – 2 yr. rate guarantee
Rates will not change

As a reminder, we have contracted with Benefits Express to assist our members with online
benefit management and eligibility enrollment. Not only will this tool assist your organization
in managing your benefit offerings it will also serve to help your institution stay in full
compliance with the dictates of the Affordable Care Act. Details and education on its use will
be provided at our member seminars scheduled for the first week of October.
o: 217.522.5575
f: 217.789.9115
We encourage you and your organization to utilize all the ILFI Trust’s expertise and services to
plan your institution’s future strategies as we wind our way toward the full implementation
of the Affordable Care Act. All the Trust’s contact information can be located on the back of
th
133 South 4 Street, Suite 206 this brochure.
Springfield, IL 62701
Sincerely,

www.ILFI.org
www.Facebook.com/IllinoisLeague
Dane H. Cleven, Chairman

Relationship Driven. Member Focused.
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