Funding Arrangements

  • Premera Blue Cross Blue Shield of Alaska offers a cost-saving self-funding option available to groups with as few as 51 employees.

    With Defined Funding employers get access to significant advantages once only available to the largest employers. Not only do they get the security and stability of a balanced monthly funding rate, employers can also customize the plan design to best fit their particular needs.

    Other advantages of Premera Defined Funding include:

    • Monthly experience reporting
    • Negotiated discounts through the Premera national network
    • Lower monthly costs for employees
    • No premium taxes
    • Same member experience as fully-insured plans
    • Support for employee health and wellness with our engaging online suite of tools and resources
    • Access to full service, integrated health management resources
    • Responsive customer service
    • Claims payment that's fast and accurate

    To get more information about this cost-saving, one-stop health plan solution, contact your Premera group sales representative at 888-669-2583 or 907-258-5065.