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Lake County Could Save $4.2 Million in 2014 through Self-Insurance Network

Friday, October 17, 2014 | 0

Lake County, Illinois, is on pace to save $4.2 million this year, its first as a member of a new network for its workers’ compensation and health self-insurance pool. Through the end of September, the county has already saved $3 million, according to a report in the Post-Tribune newspaper. The county’s insurance administrator, Professional Claims Management Inc., said the savings are the result of a switch to Cigna, a larger self-insurance network that can offer greater payment discounts than the one previously used. PCM told the newspaper that health insurance medical claim cost...

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