Medicare and Retiree plans

At Aetna, our goal is to provide retiree health benefits that meet your short-and long-term objectives. Delivering value for retirees and your bottom line. To help you do all that, we tailor our broad range of retiree solutions to your needs. And that includes fully insured, guaranteed issue pre-65 and post-65 retiree plans that can cover 100 percent of retirees nationwide. All of which can be customized to satisfy your specific retiree objective : 

Pre-65 early retirees
We have a number of options for early retirees not eligible for Medicare: 

• Group-subsidized plans, including consumer-directed Aetna HealthFund®  plans to help save for future medical expenses  
• Fully insured, guaranteed issue pre-65 plans
• Individual plan options, including some that can be used with a health savings account

Post-65 Medicare-eligible retirees
Our Medicare Advantage plans help retirees stay healthy and protect their financial health. They feature:  

• High level of member satisfaction that shows 82% of Aetna Medicare Advantage group plan members satisfied with their coverage and benefits.*
• No employer subsidy required with some plans. Keep your costs down while still offering quality group retiree coverage.
• More benefits and lower costs than most traditional retiree plans that coordinate with Medicare Parts A and B benefits.
• Care management/wellness that provides case management and disease management improving outcomes and lowering net cost. 95% of members who participated in our health management program are satisfied with how it helped them to better manage their health.*
• Medical and pharmacy coverage, including:
  • Aetna Medicare^SM Plan (PPO) – Access model with large expanding network of providers; option for national coverage with the PPO Extended Service Area (ESA) plan when a majority of retirees resides in our Aetna Medicare PPO network service areas   
  • Aetna Medicare^SM Plan (HMO) – Features predictable costs and large provider network .
  • Medicare Part D prescription drug coverage can be integrated into our PPO and HMO medical plans, or offered as a standalone Aetna Medicare Rx^® (PDP) plan.
• Aetna Extras^SM program has discounts on health-related products and services (Discounts are not insurance. Learn more about Aetna's program provisions.)
  

 * Statistics excerpted from our 2nd quarter 2009 Aetna Medicare Advantage member survey. 

Aetna Supplemental Retiree Medical (SRM) Plan**
These plans can augment your health plan choices with a traditional, cost-effective option.

• Covers deductibles and coinsurance not covered by Medicare Parts A and B after Medicare pays Parts A and B medical benefits
• Use any health care provider that accepts Medicare
• A range of plan designs familiar to retirees
• Ability to offer our Medicare Advantage plans in network service areas and fill in other areas with the SRM Plan. (Or offer the SRM Plan alone in its specific service areas)
  

Aetna Traditional Choice^® Plan

An indemnity health plan that coordinates with Original Medicare, covering gaps in Medicare Parts A and B coverage such as deductibles and coinsurance.

• Alternative solution if a plan member experiences provider disruption
• Similar indemnity plan to both Medicare-eligible (post-65) and non-Medicare-eligible (pre-65) retirees
• Post-65 retiree plan minimally affected by potential fluctuations in government funding

Aetna’s Public Sector Retiree Health Program
Find new options for fully insured guaranteed issue group health plans for pre-65 and post-65 retirees. Features flexible contribution and plan eligibility tailored to the needs of public sector groups.

Aetna’s Funding Solutions Program 
Aetna and ING offer plan sponsors a solution that covers two basic paths that can be used to lower your OPEB liabilities. Save on current retiree health benefits while reducing future liability.

Other plan options
We are the exclusive carrier for:

Retiree Health Access®
Find fully insured health plans for both pre- and post-65 retirees, including guaranteed-issue for employees under 65. Employer subsidy not required.
Learn more

Emeriti® Retirement Health Solutions
Find nationally guaranteed access to health plans with funding options for pre-65 and post-65 retirees of higher education institutions and education-related tax-exempt organizations.
Learn more 

Contact us to learn more about the Aetna Answer^SM.

Successful retirement starts here
Our Perfect Aging Program helps pre-retirees, retirees and their families plan for a healthy, fulfilling retirement.
Lower premiums for Aetna Medicare plans may help reduce:

• Governmental Accounting Standards Board liability
• Financial Accounting Standards Board liability 

For more information on plans and products, including availability, details, and brochures, please contact Aetna or your broker.

Plans are offered by Aetna Health Inc., Aetna Health of California Inc., and/or Aetna Life Insurance Company. A Medicare Advantage organization with a Medicare contract. A standalone prescription drug plan with a Medicare contract. Plans contain exclusions and limitations. Plan features and availability may vary by location and are subject to change. Retiree Health Access^® and RHA^® are registered marks of Health Care Policy Roundtable, LLC. Used under license with Health Care Policy Roundtable. All rights reserved.

**NOTE: IN THE STATES OF NEW YORK AND KENTUCKY, THE NAME OF THIS GROUP HEALTH PRODUCT IS THE “AETNA RETIREE MEDICAL PLAN.” IN THE STATES OF KANSAS AND PUERTO RICO, THE NAME OF THIS GROUP HEALTH PRODUCT IS THE “AETNA RETIREE MEDICAL INSURANCE PLAN.” IN ALL OTHER STATES, THE NAME OF THIS GROUP HEALTH PRODUCT IS THE “AETNA SUPPLEMENTAL RETIREE MEDICAL PLAN.”

THE AETNA SUPPLEMENTAL RETIREE MEDICAL PLAN/AETNA RETIREE MEDICAL PLAN/AETNA RETIREE MEDICAL INSURANCE PLAN (PLAN) IS NOT A MEDICARE SUPPLEMENT INSURANCE PLAN OR A MEDIGAP INSURANCE PLAN.  This is an employer group retiree medical plan and may provide benefits that are different from a Medicare Supplement plan.

 Health insurance plans are underwritten by Aetna Life Insurance Company (Aetna). CHCS Services, Inc. is currently the third-party administrator (TPA) for this Plan. You must meet the eligibility criteria established by your former employer and be enrolled in Medicare Parts A and B to be eligible to enroll in this plan. State benefit mandates may apply. This material is for information only. Health insurance plans contain exclusions and limitations. All products may not be available in all states. Plan features and availability may vary by location and are subject to change. In the event of a conflict or inconsistency between this material and plan documents, the terms of the plan documents shall govern. Information is believed to be accurate as of the production date; however, it is subject to change.

Policy forms issued in OK include: GR-23 and/or GR-29/GR-29N