State-Specific Health Consortiums

Take back control of your school’s health care costs

Rising costs, declining benefits, and new laws have forced many organizations to go to market each year or get creative with their benefit offerings.

The volatile landscape of health care also inspired ISM Insurance Advisers to look for creative solutions. We’ve created an approach to establishing state-specific Health Care Consortiums that is different from how most organizations are building group plans—you don’t have to be associated with ISM or a member of our organization to petition to join. And, each functioning Consortium is unique. These are not out-of-the-box templates designed by the carriers—each Consortium, is designed by a group of a private-independent school administrators.

Group Health Consortium History

ISM’s first Group Health Care Consortium began in October 2007 when Administrators from several private schools around Pennsylvania began meeting with an ISM Insurance Advisor to address the serious issues surrounding health insurance. It was the mission of the group to develop a program designed to take control of their school’s single largest budget item after salaries—health insurance. Less than a year later, on September 1, 2008, The Pennsylvania Independent School Health Insurance Consortium began operating. Since 2007, ISM has worked with groups in several other states—Maryland, New Jersey, Tennessee, Texas, and Florida—to create Health Care Consortiums.

Benefits of Group Health Consortiums:

• Control cost and stabilize rates
• Gain access to claims data
• Monthly data for group on utilization
• Direct access to management team and underwriter from carrier
• Access an extensive local and national network of health care providers
• Low annual average increase without plan changes
• HSA and HRA options Dedicated support team for client engagement

Active State Group Health Care Consortiums:

 

Pennsylvania Independent School Insurance Consortium (PISIC)

 

Maryland Independent School Consortium (MISC)

 

Lone Star Independent School Consortium (LSIC)

 

Ohio Health Care Consortium

 

Garden State (NJ) Non-Public School Consortium (GSNPSC)

 

Arizona Independent School Consortium (AISC)

 

Petitioning for Membership:

Each state has its own unique petitioning date and process. For more information on how to petition for membership or how to start one in your state, contact ISM’s Health Consortium Coordinator Alicia Clingan.