Premera Offers Funding Types to Support Your Health Plan Strategy
How you fund your plan is just as important as the type of health plan you choose for your employees. Premera offers three funding types:
Fully insured
OptiFlex
Self-funded
Group pays a fixed rate for employee health coverage. Premera pays all claims and assumes all risks for the group’s health coverage.
Group pays a fixed rate for employee health coverage, but has more flexibility compared to fully insured funding.
Group assumes all the risk for providing healthcare benefits to its employees. This funding type offers the greatest amount of flexibility and plan customization.
All group sizes
51+ group sizes
150+ group sizes
Each funding type has its own set of advantages and requirements. To learn more about these funding types, download the flyers and contact your Premera representative or producer.