Aetna Offering New Individual Plans in Pennsylvania
KING OF PRUSSIA, PA, March 24, 2003 — Aetna (NYSE: ΑET) announced today that it has begun marketing three new individual commercial health insurance plans in 31 Pennsylvania counties. These new, medically underwritten Pennsylvania Individual Advantage Plans provide expanded coverage options for many uninsured individuals and families in the state, according to Frank McCauley, Aetna’s general manager for small business in the Mid-Atlantic Region.
"We believe these new plans will give uninsured people in Pennsylvania, particularly the working uninsured, a new set of choices to help meet their health insurance needs," said McCauley. "It is often very difficult for individuals to find basic, affordable coverage for themselves and their families. Aetna has worked diligently to develop tailored products that meet their unique needs."
Aetna is offering individuals three new plan designs. All three plans feature coverage for routine checkups and preventive care, specialty care, hospitalization and surgery, diagnostic testing, and emergency care. The three plans also include prescription drug coverage, subject to a deductible, co-payment and calendar-year maximum.
Aetna presently covers more than 14,000 Pennsylvania residents under individual plans. But for the first time, the plans now are being sold both directly to consumers and through independent insurance agents.
"We’re very happy to see affordable, quality individual coverage being offered by a top carrier in the Pennsylvania marketplace," said Rick Mancuso, of Delaware Valley Brokerage Services Inc., Bristol, Pa. "Aetna’s plans offer comprehensive benefits, including coverage for preventive care, maternity care and prescription drugs."
Aetna’s three new plans are available in the following Pennsylvania counties:
- Southeastern Pennsylvania: Berks, Bucks, Carbon, Chester, Delaware, Lehigh, Monroe, Montgomery, Northampton and Philadelphia;
- Central Pennsylvania: Adams, Cumberland, Dauphin, Franklin, Fulton, Lancaster, Lebanon, Perry, Schuylkill and York;
- Western Pennsylvania: Allegheny, Armstrong, Beaver, Butler, Erie, Fayette, Greene, Lawrence, Somerset, Washington and Westmoreland.
Aetna provides health coverage to more than 800,000 members in Pennsylvania. Members in the state have access to a network of 153 hospitals, 5,677 primary care physicians and 12,892 specialists.
Aetna is one of the nation’s leading providers of health care, dental, pharmacy, group life, disability and long-term care products, serving approximately 13.7 million medical members, 11.8 million dental members and 11.7 million group insurance customers, as of December 31, 2002. The company has expansive nationwide networks of more than 552,000 health care services providers, including over 332,000 primary care and specialist physicians and 3,373 hospitals. For more information about Aetna, please visit the company’s website at www.aetna.com.
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