Cigna Level Funding for employer groups

It is not a fully insured ACA small-group policy, and it is not a Florida fully insured small-group offering. Cigna is not on Florida's 2026 small-group ACA carrier list. Availability varies by location and plan type. It is not tax, legal, or insurance advice, and it is not an offer of coverage. We do not restate Cigna's surplus-sharing percentages or other savings claims as Ares's facts.

What Cigna Level Funding is

On Cigna's official Level Funding page, the product is a type of self-funding with a fixed monthly payment that includes administrative fees, stop-loss premium, and claim funding. Cigna says costs remain constant from month to month except for adjustments when enrollment changes, and that terminal funds collected as part of those costs in the first year are intended to cover claims incurred before termination and submitted afterward.

Cigna's official features table lists a required eligible-employee range of 25 to 999, integrated stop-loss, and that fixed monthly payment of administration, stop-loss, and claim funding. That size range is Cigna's current published range for this product. It is wider than Ares's 2-to-50 core and includes many mid-size and some large-group employers. A company with fewer than 25 eligible employees should not assume this product can be issued; we will confirm current underwriting rules on a proposal. A general explainer of the funding model is on level-funded health plans and self-funded health plans.

Cigna also describes a year-end settlement. In Cigna's wording, if claims are lower than expected, renewing clients may receive a credit, and if claims are higher than expected, clients will not have to pay more, with deficits not carried forward to future years. Those are Cigna's terms. We will not forecast a surplus or treat a credit as guaranteed.

Stop-loss and the network

Cigna describes integrated stop-loss as part of Level Funding. A general explainer of that protection is on stop-loss insurance. Cigna's stop-loss page also notes that Cigna Level Funding and Cigna Healthcare ASO Plus include individual and aggregate stop-loss for small to medium-sized employers.

Cigna's Level Funding materials, including official employer descriptions of the product family, describe access to the same provider network options as Cigna's insured medical plans, including Open Access Plus. The network on a given quote still has to be named and checked in the official directory. See Cigna LocalPlus and how to check a group health plan network.

Cigna also says most self-funded plans are not subject to state benefit mandates, which it presents as giving the employer more control over which benefits are included. That is Cigna's description of self-funding in general, not legal advice, and federal rules still apply. We will read the actual plan document.

Where this is — and is not — a fully insured small-group plan

It is a self-funded design with a level monthly payment, not a traditional fully insured small-group policy. Cigna's small-group page about traditional fully insured plans for 2 to 50 employees is a different product family, with its own state list and with the Georgia and Tennessee fully insured notice described on the Open Access Plus page. Do not blend the two.

Cigna is not on Florida's 2026 DFS small-group ACA list. A Florida employer considering Level Funding is asking a funding-structure question that must be confirmed against current Cigna rules and state law, not a fully insured Florida ACA small-group question. For fully insured Florida small-group coverage, start with Florida Blue, UnitedHealthcare in Florida, and AvMed.

How we compare it with other structures

A Cigna Level Funding quote belongs next to a fully insured group policy, Aetna Funding Advantage, All Savers Alternate Funding, a self-funded plan with separate stop-loss, an ICHRA, or a QSEHRA. We will only quote the structures that currently apply in the state, and we will not describe any of them as cheaper in the abstract.

How Cigna Level Funding sits next to other level-funded names

Employers often look at more than one carrier's level-funded or packaged self-funded design. Aetna Funding Advantage is described by Aetna as a self-insured plan administered by Aetna Life Insurance Company, with stop-loss offered by Aetna Life Insurance Company. All Savers Alternate Funding is described in official materials for many groups of 5 to 300 eligible employees, with size varying by state. Cigna's official Level Funding range starts at 25 eligible employees and runs to 999. Those official size windows, the networks on the quotes, and current state rules are the right comparison points. We will not describe any of them as cheaper in the abstract.

What we need for a proposal

We need a census, eligible-employee count, worksite states, the current plan or funding type, the renewal date, and any claims information the underwriter requires. The official 25-to-999 range makes headcount especially important on this product.