Selecting the right funding option for your company is a big responsibility. There are many factors to consider and options to choose. Are you looking for a simple solution to self-fund your medical plan? One that gives you predictable and easy-to-budget costs? One that limits your financial exposure? Then Level Funded Premium may be right for you.
Level Funded Premium is available with a unique type of self-funding to groups with 100 to 300 eligible employees. It can increase your cash flow through fixed monthly payments – giving you consistent and easy-to-budget cost.
Level Funded Premium also limits your financial exposure to unforeseen costs. Because of the self-funded features, Humana will take care of any claims that go over the stop-loss limit. And, if your annual claims total is less than your funded amount, you'll receive a settlement refund at the end of the plan year.
You will also receive detailed monthly reports to help you manage your employee's benefits.
Find answers to employers’ most-asked questions.See group health plan FAQs
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Even the busiest person can still find time to live a healthy life. Make time to eat right, find fun ways of exercising, and just get up and move, whether it involves taking the stairs or taking walks with your kids. There are always ways to find time.Tips to stay fit