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The Mortgage Collaborative launches TMC Healthcare Cooperative to give lender members and preferred partners control over rising healthcare costs
The Mortgage Collaborative, the largest independent cooperative network for mortgage lenders, launched the TMC Healthcare Cooperative, a self-funded medical program available to its lender members and preferred partners.
Developed with Colorado-based CCIG, the program allows groups like vendors, banks, credit unions, and mortgage bankers to self-fund health claims, share risk via a captive structure, and access institutional-grade stop-loss coverage.
Jodi Hall, TMC's CEO, stated the cooperative provides purchasing power, claims transparency, and risk-sharing benefits typically reserved for large employers, improving upon the traditional fully insured carrier model.
The TMC Healthcare Cooperative is designed for organizations with over 50 employees within the TMC community, with plans for smaller group options in the future.