Anthem Lumenos Health Plans - Indiana

• Indiana's Most Popular Health Insurance
• Submit Anthem's Official Online Application

Anthem's Lumenos Plans

Anthem Blue Cross and Blue Shield has taken an impressive step in product development with the January 1, 2007 introduction of their Lumenos plans.

Health Saving Account (HSA) Plans

All the Anthem Lumenos Health Savings Account (HSA) plans include 100% coverage, with the deductible waived, for preventive care benefits delivered by network providers.  In addition, optional maternity benefits are available at a reasonable cost.  HSA plan alternatives for Indiana residents are:

On the whole, the Anthem Lumenos HSA plans provide outstanding benefits.  Indiana residents will have difficulty finding a more complete HSA product.

Mellon Trust HSA Administration

Anthem has partnered with Mellon Trust to simplify the process of establishing and managing your Health Savings Account.  Anthem will even set up your account once you're approved for coverage.

If you'd rather use another financial institution, that's okay, as Anthem doesn't require you to use Mellon Trust for your HSA.  However, there are
distinct advantages to combining the Anthem Lumenos health plan with a Mellon Trust account.

Health Incentive Account (HIA) Plans

The Anthem Lumenos Health Incentive Account (HIA) plans are primarily designed for people who like the idea of a low-cost consumer-driven health plan, but are unable to fund a Health Savings Account.

Health Incentive Account funds are used to offset to your deductible expense.  In theory, these financial rewards help lead to a healthier lifestyle, which leads to less medical expense.

Unused Health Incentive Account (HIA) funds rollover into the next calendar year.

Health Incentive Account "Plus" (HIA Plus) Plans

With a Health Incentive Account Plus (HIA Plus) plan, you get the same healthy activity allocations you get with the regular HIA plan.  In addition, there's the "Plus."

Under the HIA Plus plan, Anthem makes an annual incentive account allocation of $500 per individual policy or $1000 per family policy.  This creates additional offsets to your deductible expense, and unused incentive account funds rollover into the next calendar year.

Which Lumenos Plan is Best for You?

In our view, if you can afford to set aside funds in a tax-advantaged Health Savings Account (HSA), you'll likely gain long-term financial advantage by choosing one of the Anthem Lumenos HSA Plans.

Frankly, we view the Lumenos HIA and HIA Plus plans as a bit "gimmicky."  You're essentially paying Anthem extra money so they can set it aside for you (though you may never use it).  We prefer the straightforward nature of a Health Savings Account (HSA), which allows you to allocate and keep your own money.

On the other hand, people do purchase the Anthem HIA and HIA Plus plans.  However, we suspect many of these consumers would be choosing HSAs -- if they better understood them.

Anthem is Part of Wellpoint

Anthem Blue Cross and Blue Shield is part of Wellpoint, Inc., which is the nation's leading health benefits company serving the needs of approximately 34 million medical members nationwide.

WellPoint is a Blue Cross or Blue Cross Blue Shield licensee in 14 states: California, Colorado, Connecticut, Georgia, Indiana, Kentucky, Maine, Missouri, Nevada, New Hampshire, New York, Ohio, Virginia, and Wisconsin.

Wellpoint, Inc. Financial Statistics