Funding

With Blue Options Fixed Contribution^SM, you set your annual health care budget with a set contribution to each employee's health benefits. These contributions go toward funding your employees' health care plans. Using our most popular plan, Blue Options PPO, you choose a benefit series designed to fit your budget objectives.

You decide how much to contribute to your employee's health plan and your employees' decide what coverage to purchase. You control your contribution, so you'll always know precisely what your company's health benefits will cost. Year after year, you can offer the same great plan at the exact same cost to you. Or you can increase your budget each year to match health care trends and your business needs.

Just as you have the flexibility to pick your contribution level, your employees have the freedom to purchase the benefits that are most important to them. With Blue Options Fixed Contribution, employees can build a plan that works best with their lifestyle. If they choose, your employees can buy benefits beyond what your contribution covers.

If they have unused money from your contribution, it is placed into a health reimbursement account (HRA). You decide how the HRA funds may be spent. You may want HRA funds to be used solely for out-of-pocket expenses related to copayments and deductibles. Or you may choose to broaden the coverage, allowing your employees to use their HRA for all qualified medical expenses, such as contact lenses or laser eye surgery. HRA funds can be rolled over toward next year's out-of-pocket expenses as well.