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October 1, 2027 Executive Board Meeting Recap
The Executive Board met on October 1 and approved the consent agenda, including prior meeting minutes, vendor payments totaling $5.17 million, and the 2027 meeting calendar. The Board also welcomed five new member groups effective January 1, 2027, bringing more than 1,000 additional medical lives to the cooperative.
Several key strategic recommendations from the Operations Committee were approved, including awarding the PBM contract to Express Scripts through June 2030, selecting Empower Health Services as IPBC’s preferred wellness platform partner, moving forward with Lantern as a specialty surgical and infusion care solution, and expanding Maven's family-building, maternity, parenting, and menopause support services to UHC members. The Board also approved a new PPO renewal pooling methodology recommended by the Finance Committee to streamline the renewal process and better align rates with member experience.
In addition to these approvals, the Board reviewed updates on financial performance, benefit administrator survey results, the Member Responsibilities Guide, membership growth and marketing efforts. The meeting concluded with a discussion on succession planning and formal approval of Kaitie Tiede stepping into the Executive Director position effective 7/1/27 - with committee members expressing their appreciation for Dave Cook's contributions and service to the cooperative, who will become the Executive Director Emeritus.
Key Decisions
- Approved the consent agenda, including:
- Remote participation requests
- July 21, 2026 Executive Board meeting minutes
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Vendor checks totaling $5,166,783.30 for the period July 15 through September 15, 2026
- The 2027 Executive Board meeting calendar
- Approved admission of five new member groups effective January 1, 2027:
- Madison County Mass Transit District
- Glencoe Park District
- Helen Plum Library
- Huntley Park District
- DeKalb Park District (pending ordinance adoption)
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Approved the Operations Committee recommendation to award the PBM contract to Express Scripts through June 30, 2030.
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Approved the recommendation to designate Empower Health Services as IPBC's preferred wellness platform partner.
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Approved a partnership with Lantern for specialty surgical and infusion care services.
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Approved expansion of Maven services to UHC members, including family-building, maternity, parenting, and menopause support.
- Approved the Finance Committee recommendation to implement a new PPO renewal pooling methodology for the 2028 rating cycle.
- Approved nomination of Kaitie Tiede as Executive Director effective 7/1/2027.
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