Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Life Health > Health Insurance > Health Insurance

Firm Aims Health Program At Midsize Employers

Your article was successfully shared with the contacts you provided.

Benu Inc. has developed a health insurance program that will give midsize employers the ability to offer workers a choice of plans.[@@]

Benu, San Mateo, Calif., is working with CIGNA Corp., Philadelphia, and Kaiser Permanente, Oakland, Calif., to offer Mid-Atlantic employers with at least 75 employees a product with a menu that includes a point-of-service plan option and a health maintenance organization option as well as preferred provider organization option.

The product will be available to employers in Washington, Maryland and Virginia, Benu says.

Benu says it is using a special risk-adjustment mechanism to protect participating carriers against the risk that the sicker workers will prefer certain plans over others and.

Benu is selling its new product through local and regional health insurance brokers.


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.