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Cigna Healthcare Level Funding Edge: Multi-Year Guarantee

Jun 25, 2024
Category
Carrier News
Contests & Promotions

Cigna Level Funding® Edge offers employers cash flow advantages for your benefits and multi-year savings to keep.

Cigna Level Funding Edge is for new clients with 99 or fewer eligible employees, and features everything Cigna's Level Funding solution offers – and provides these additional advantages for multiple years:

  • Guaranteed Credit. A company will receive a credit at the end of the plan year if they renew.1
  • Performance Guarantees. If performance levels are not achieved on claim readiness, call readiness and implementation report card, the company receives a financial payout.
  • Cigna Healthcare Well-Being Solutions Core Plus and a Health Improvement Fund. Engage employees with opportunities to earn rewards for taking care of – and improving their health.
  YEAR 1 YEAR 2 YEAR 3
Performance Guarantees $5,000 - -
Health Improvement Fund $5,000 $6,000 $7,500
Guaranteed Credit $5,000 $6,000 $7,500

This evolution of Cigna Level Funding is designed for new clients with up to 99 eligible employees with all the advantages of this funding arrangement for:

  • Opportunity for savings.
  • Risk management through stop loss insurance.
  • Greater control over plan design.
  • Insight into claim costs.
  • The flexibility to adjust benefits strategy.
  • Elimination of many state-mandated benefits.
  • Reduced premium taxes

Contact your Amwins Connect Regional Sales Manager to learn more about Cigna!

 

1. Guaranteed credit is applied to renewal rate. Non-renewing clients will not receive a surplus at the end of the year.

 

Tags
Cigna

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