SELF AND LEVEL FUNDED

WHY LEVEL FUNDING HAS BEEN SO SUCCESSFUL

HOW DOES LEVEL FUNDING WORK?

  • Self-funded plans are governed only by the federal Employee Retirement Income and Security Act (ERISA) which allows Cigna to offer your employees the same tailored benefits in multiple states.

  • Plan administrators enjoy an integrated, easy experience because Cigna pays all claims and decides all appeals.

  • Individual and aggregate stop-loss financial protection set maximum monthly costs to protect you from catastrophic claims situations, and are standard for every client.

  • Customers have access to the broad proprietary Cigna network of hospitals and physicians.

  • Specialty case management, utilization management, and disease management programs help individuals with chronic or acute conditions improve their health and lower related costs.

  • A health improvement strategy team works with each client to create and implement programs that work best for that company and its employees.

  • An experienced team of experts from implementation, client services, and account management is ready to promptly respond and resolve administrative issues.

Surplus credit

When actual claims are less than projected, the company receives a credit1 – this is money back directly.

 

Payments don’t fluctuate

Monthly costs are based on the number of covered employees and cover all claims,2 premiums and fees.

 

No costs after termination

There are no additional expenses after termination, so you know your all costs up front.

 

Client-specific claims reports

Every client has direct access to reports that track exactly how claims dollars are being spent.

 

Tailored plan design

Clients can tailor their plan design and choose from both traditional and account-based health plans.