Health Savings Account Blog

Individuals may choose from among five standard PPO plans, two high-deductible health plans compatible with Health Savings Accounts, two hospital plans and an optional dental PPO plan. Each Aetna Advantage Plan is also available on a child-only basis, so that parents can obtain health coverage for their children, even if no other family members enroll in the plan.

“More than 820,000 people in Tennessee are without health insurance – that’s 14 percent of the state’s population,”1 said Steve Wohlwend, general manager of Aetna Small & Middle Market Business in Aetna’s Southeast Region. “Aetna already has a strong presence in the state of Tennessee, with approximately 187,000 members and a network of 113 hospitals and more than 19,000 physicians. We are committed to helping uninsured and under-insured residents find high-quality, affordable health care options that address their needs.”

According to Laurie Brubaker, head of Aetna Individual Markets, “People’s changing priorities and life circumstances determine the type of health care coverage they need. That is why we designed Aetna Advantage Plans to address the unique needs that arise during particular stages in life such as graduating from college, getting married, raising a family, becoming a sole proprietor of a business, being between jobs or retiring early."

HSA-Compatible Plans, Hospital Plans and Dental Plan Available

Aetna Health Insurance is offering two high-deductible PPO plans that are compatible with the Aetna HealthFund® Health Savings Account (HSA). These plans offer members lower premiums in exchange for higher annual deductibles, along with the advantage of an HSA. HSAs are tax-advantaged accounts used to pay for qualified medical expenses. HSA contributions are tax deductible and earn interest tax free. HSAs are portable, and unused balances can be carried forward from year to year, allowing consumers to plan and save for future health care expenses.

For those individuals on limited budgets who are able to purchase only the essentials, Aetna offers two “hospital” plans, which provide members with lower priced coverage for basic health care services. These plans provide limited coverage for preventive care – including gynecological, well-child care and physical exams – as well as inpatient hospital coverage coupled with limited benefits for outpatient surgery, skilled nursing or home health care services.

Members have the option to enroll in the Aetna Advantage™ Dental PPO Max Plan at the time of their medical election. The Dental PPO Max Plan allows members to receive quality dental care from participating dentists and nonparticipating dentists. Participating dentists have agreed to provide services at a negotiated rate for both covered services as well as noncovered services such as cosmetic tooth whitening and orthodontic care. This means members generally pay lower out-of-pocket costs.

Learn more about all the Health Savings Account plans available in you state by visiting: http://www.health--savings--accounts.com