Aetna 2002 Annual Report Download - page 13

Download and view the complete annual report

Please find page 13 of the 2002 Aetna annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 46

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46

 
T o provide affordable and innovative retiree health benefits solutions, Aetna
is offering its customers a new and expanded portfolio of products in 
to help seniors secure a healthy future.
The new Aetna Golden Choice™Plan covers Medicare beneficiaries in select areas of three states for referral-
free care received inside or outside of Aetna’s network of participating providers. It also provides generic
drug coverage with no annual dollar limit. This offering is part of a demonstration project authorized by the
federal government to expand innovation in the Medicare+Choice program. Aetna is committed to serving
the Medicare population and will continue working with the government on developing workable solutions.
Aetna also is positioned to provide innovative solutions for millions of retirees who, because of
their age, are not yet Medicare eligible. This is an important issue because in recent years many retirees have
lost their health coverage or are paying substantially more due to the impact of rising costs on retiree health
care coverage.
Aetna’s consumer-directed health care plan, Aetna HealthFund™, offers a potential solution. This product
allows employers to establish a Health Reimbursement Arrangement (HRA) that can be rolled over year
to year. Under a recent U.S. Treasury Department ruling, self-funded employers can permit the unused
balance in an individual’s HRA to be carried into retirement to pay retiree health care costs, purchase
supplementary health care coverage or even pay long-term care premiums.
Securing a Healthy Future