MUSKEGO, Wis. — Corporate Central CU here has launched InterLutions LLC, a CUSO focusing on business solutions for the credit union community, starting with health care services.
"I-Care" is the CUSO's first product launch, enabling member CUs to reduce volatility and expenses associated with health insurance by pooling risk.
Robert Fouch, Corporate Central's president and CEO and chairman of InterLutions said the scope of services available through I-Care "are significantly more than any individual credit union with 50 or more employees could offer on their own. These comprehensive services are typically only offered to Fortune 500 employers. We have assembled a world-class team providing best-in-class services to help credit unions design, manage, and administer their health benefits program while staying up-to-date with the most recent regulation and compliance changes."
A group medial program provides analytics and various risk management strategies for CUs that are fully insured or self-insured, and Fouch said CUs should be able to provide better coverage and reduce costs with I-Care.
