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May 01, 2008
Aetna To Offer Health Savings Account Plans To Conn. Businesses
Aetna will begin offering individual health insurance policies to about 40,000 businesses and through 79 Chambers of Commerce in Connecticut, under an agreement with the Chamber Insurance Trust.
The arrangement is aimed at sole proprietors of businesses and workers who don't have insurance through an employer, and could help reduce the number of uninsured residents in the state, said Stephen Glick, administrator of the trust.
The trust is an alliance of chambers of commerce across Connecticut and Western Massachusetts, which was created in 1992 to combine their buying power for insurance.
The trust already offers employer-based health plans from ConnectiCare, and Medicare Advantage plans from Health Net.
Aetna will offer a variety of individual plans through the trust, including preferred provider plans (PPOs), high-deductible plans that are compatible with Health Savings Accounts, and an optional dental PPO. Aetna will also provide plans that combine preventive care and high-cost coverage, such as for hospital stays and outpatient surgery.
All of the individual plans are subject to medical screening to determine eligibility.
Posted by Wiley Long at May 1, 2008 10:50 AM