Worried About the Impact of Community Rating? Financial institutions typically have one of the lowest risk factors due to the nature of the business, which helps drive down overall premiums. What community rating means for financial institutions (those not already in the IBA Group Insurance Trust), is that your premiums will likely increase at your next renewal. Why? With community rating, health insurance rates are based on a single pool which includes employers from all industries, most of which typically are much higher risks than financial institutions. But, the IBA Trust is NOT subject to community rating. This means the insurance company only looks at members of the Trust -- financial institutions with typically lower risks -- when calculating renewals. Thus, the Trust avoids community rating. Call Us or Have Your Broker Get in Touch Now! Drew Tomasik, 800.558.6206 ext. 144, dtomasik@capstonebenefits.com Steve James, 800.558.6206 ext. 112, sjames@capstonebenefits.com www.ibatrust.org
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