Level Funding

Sana plans are self-funded, which is one of the ways we save employers so much money.

Unlike fully-insured plans that charge high monthly premiums, self-funded plans allow employers to only pay for what they use to cover the claims of their employees.

Our self-funded plans are paid for through level funding to give employers predictable premium costs and limit their risk. 

Level Funding

For small and medium businesses on a budget, consistent cash flow is important. Level funding allows employers to pay fixed monthly contributions whether claims are high or low, preventing big claims from throwing off monthly budgets.

If claims are high, stop-loss insurance steps in so you can feel confident you won't owe anything more than what you pay in monthly contributions. 

If claims are low, you may receive a credit if there are leftover contributions to your claims fund after this 180-day run-out period.

  • Credits for surplus claims fund contributions are processed 3 months after your run-out period ends, which is typically nine months after the end of your plan year.
  • Sana may retain a percentage of any excess claims funds and require renewal for eligibility. Please refer to your Administrative Services Agreement (ASA) in your document center for additional information.
  • We don't credit portions of the rate that go toward stop-loss premiums, network/vendor fees, TPA fees, MGU fees, and broker fees.
  • Your credit will be processed as an invoice credit.
  • If the credit exceeds the amount of your invoice, we'll spread it across several invoices. 

Have questions or feedback? Our Admin Resource Center is available 24/7. You can also reach our Customer Success Support Team at admins@sanabenefits.com or (940) 340-4488 Monday through Friday during normal business hours. If you have a dedicated Customer Success Manager, feel free to reach out to them directly.