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Aetna’s Group Medicare Advantage Plans Will Now Offer Retirees Access to More Health Care Providers in More Regions Across the United States

-- Service area to increase by nearly 60 percent --

Monday, October 14, 2013 12:36 pm EDT

Dateline:

HARTFORD, Conn.
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Public Company Information:

NYSE:
AET
"Strengthening our network in group Medicare is important as it enables nationwide coverage for large, national employers, and it lets retirees continue receiving care from doctors they used and trusted while they were employed."

HARTFORD, Conn.--(BUSINESS WIRE)--Aetna (NYSE: AET) is expanding its nationwide Medicare Advantage provider network for employer-sponsored group plans through the addition of 261 counties in 22 states for 2014. Medicare beneficiaries who select Aetna Medicare Advantage through their employer will have access to a broader provider network and other plan features that offer savings and convenience.

Aetna’s group Medicare Advantage plans offer health management and wellness programs that may save employers more than $120 per member per month compared to an unmanaged approach.* The plans offer retirees more choice for affordable and convenient coverage alternatives with attractive benefits. Many plans include extra-value discounts on dental, eyewear and hearing-aid services, access to lifestyle coaching and weight management programs.

“We're very excited about this network expansion, which is one of our biggest ever,” said Nancy Cocozza, president of Medicare Business for Aetna. “Strengthening our network in group Medicare is important as it enables nationwide coverage for large, national employers, and it lets retirees continue receiving care from doctors they used and trusted while they were employed.”

As a result of Aetna’s group Medicare Advantage network expansion, the service area will grow by 59 percent from 442 counties to 703 on January 1, 2014. The growth includes 87 counties in Texas, 49 counties in Indiana, 43 in Georgia and 22 in Illinois. Other expansion states include counties in Arizona, Connecticut, Kentucky, Maine, Maryland, Michigan, Missouri, New Mexico, New York, North Carolina, Ohio, Oklahoma, Pennsylvania, Rhode Island, Tennessee, Virginia, Washington and Wisconsin.

Premiums vary by geography. Aetna also offers Medicare Supplement insurance products in most states.

About Aetna

Aetna is one of the nation's leading diversified health care benefits companies, serving an estimated 44 million people with information and resources to help them make better informed decisions about their health care. Aetna offers a broad range of traditional, voluntary and consumer-directed health insurance products and related services, including medical, pharmacy, dental, behavioral health, group life and disability plans, and medical management capabilities, Medicaid health care management services, workers' compensation administrative services and health information technology products and services. Aetna’s customers include employer groups, individuals, college students, part-time and hourly workers, health plans, health care providers, governmental units, government-sponsored plans, labor groups and expatriates. For more information, see www.aetna.com.

* 2010 high performance metrics study: Aetna. Final analysis and conclusions. Aetna. March 17, 2010.

Contact:

For Aetna
Kendall Marcocci, 717-540-6746
kmarcocci@cvty.com