Posted on Jun 21, 2010 by Sergio Ulloa
CIGNA's UK branch, CIGNA Healthcare, has launched SmarterHealth; a new private medical insurance product targeted at mid-sized corporate clients with between 150 and 400 employees.
The new product, SmarterHealth, is based on a core list of benefits with the ability to add two coverage options to increase benefits; optional dental benefits which are split into four levels of coverage (Pearl Plan, Diamond Plan, Oral Health Plus and Oral Health Optimum), and travel insurance coverage which would cover both business and leisure travel including coverage of winter sports.
CIGNA's SmarterHealth product also offers two options to downgrade coverage to manage costs, which are the removal of psychiatric cover as well as removal of access to CIGNA's stress helpline. SmarterHealth also comes with four options for medical underwriting. Corporate clients can choose either full medical underwriting, medical history disregarded, moratoriums or continued previous medical exclusions for people switching from another insurer. Further options for co-insurance and excesses are also available.
Kristy Jagielko, CIGNA's Head of Product Management said "We're delighted by the positive response from intermediaries and companies alike on our new product. SmarterHealth truly provides a smarter solution for employers - they get a comprehensive plan that's not only specific to their needs but is backed by our nurse led approach. This means that we're actively involved in managing their healthcare claims and costs. And we do this while helping employees and their families get the most appropriate treatment in the most appropriate setting."
Insurance Company Mentioned:
A global health service company dedicated to helping people improve their health, well being and sense of security. CIGNA Corporation's operating subsidiaries provide an integrated suite of medical, dental, behavioural health, pharmacy and vision care benefits, as well as group life, accident and disability insurance, to approximately 46 million people throughout the United States and around the world.