SIHOSoutheastern Indiana Health Organization (insurance company; est. 1987)
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SIHO is now offering employers Humana's Group Medicare and voluntary benefit products.
SIHO also shares Humana's commitment to service excellence so it just makes sense for our two organizations work together.
HSA Insider currently counts 14 insurance carriers--including Indiana insurers SIHO and Golden Rule--that sell HSA products in Indiana.
The list of early adopters includes SIHO and Golden Rule, which also was a national pioneer in another consumer-driven health-care concept, the medical savings account.
For the employer, a high-deductible plan could amount to a savings of $200 to $300 per month per account, estimates SIHO, some of which could be given back to employees to fund their HSA.
Through its insurance-services arm, SIHO is getting ready to roll out an HSA program this quarter called SIHO Select Savings, and is working with banks to be the depository for the accounts.
This is a company that two to three years ago was flat on its back because Cummins and Arvin had chosen other health-benefits providers, and SIHO was really formed because of them and another large employer," says Brook Turtle, president of the Columbus Economic Development Board.
SIHO was originally founded by local employers, physicians and hospitals to address local needs.
SIHO has 2,568 participating physicians and 45 participating hospitals.
SIHO has 855 participating physicians and 17 participating hospitals in 22 counties offering medical and dental coverage.
At the employers' nudging, physicians organized themselves as a multicounty independent practice association, contracting with SIHO.
With 410 physicians and 13 hospitals, SIHO is a non-profit organization.