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Gurnee approves joining IPBC to stabilize municipal health insurance costs
Summary
The Village of Gurnee approved Ordinance 2025-56 to join the Intergovernmental Personnel Benefit Cooperative (IPBC), a multi‑member insurance pool, after a staff presentation that projected lower, more-stable rates than remaining fully self‑insured.
The Village of Gurnee voted to approve Ordinance 2025-56 authorizing the village to accept the Intergovernmental Personnel Benefit Cooperative (IPBC) contract and bylaws and to seek membership in the cooperative. Staff told the board the village, which has been self‑insured for more than 20 years, had seen rising claims costs and projected a possible 20% increase if it remained standalone. Erica, a village finance staff member, told trustees that IPBC — a pool formed in 1979 with more than 170 public‑sector members —…
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