Aetna 2004 Annual Report Download - page 8

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COVERING THE UNINSURED
Aetna recognizes that the uninsured population is diverse. We have developed a multipronged
approach to affordability that may provide opportunities to many of those most in need of
improved access.
■With the acquisition of Strategic Resource Company, we now provide health coverage to part-time
and hourly workers at more than 700 companies in 46 states.
■The Chickering Group, an Aetna company, covers 322,000 students at more than 130 colleges
and universities.
■The Vital Savings by AetnaSM discount card and the Aetna Rx Savings CardSM, a Medicare-approved
drug discount card, provide real savings for people without dental coverage and seniors without
pharmacy coverage. Discounts on dental procedures average 28 percent; Medicare beneficiaries
can save 10-30 percent on their prescription drug costs.
DELIVERING MORE AFFORDABLE PRESCRIPTIONS
■Our mail-order pharmacy business, Aetna Rx Home Delivery, grew 165 percent in 2004; filling
more than 5.4 million prescriptions, and providing greater convenience and savings for our members.
■Our new joint venture with Priority Healthcare, Aetna Specialty Pharmacy, will provide the
expertise needed to deal with complex specialty drugs, such as injectables or IV delivery products.
Aetna Specialty Pharmacy will leverage buying power, deliver effective clinical program
management and coordinate with physicians to benefit our members.
“Aetna is the first company
to offer a network of medical
specialists chosen based on
clinical performance and
cost-efficiency measures to
help members gain access to
cost-effective health care. In
2004, we expanded the Aexcel SM
network to 12 medical
specialties in nine markets.”
– Andrew Allocco, head of
Network and Provider Services
Left to right:
Andrew Allocco – Aexcel
John Webb – Aetna Spectrum
Integrated Benefits
Dan Fishbein, M.D. –
Student health benefits
SIMPLICITY, AFFORDABILITY AND CHOICE FOR SMALL EMPLOYERS
Choice and affordability no longer are an either-or proposition
for small employers. Aetna’s small group portfolio of products
for employers of 50 or fewer employees includes a wide range of
plan choices to meet different employees’ needs. By combining
choice with simple administration and information tools to help
employees make sound health care decisions, Aetna’s plans offer
access to quality care at affordable prices.
Aetna Spectrum Integrated BenefitsSM plans, new in 2004, offer
employers of 50 to 125 employees an affordable source for health,
dental, life and disability benefits with one enrollment form, one
bill, a single point of contact and multiproduct discounts.
16%
of people with HSAs
work for small employers
who previously did not
provide health care
coverage.
– America’s Health
Insurance Plans survey
Eric Elliott –
Affordable
pharmaceuticals
Felicia Norwood –
Simple, affordable
health plans