Aetna offers new Medicare plan

July 12, 2006 at 3:14 PM
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HARTFORD, Conn., July 12 (UPI) -- Connecticut's Aetna Inc. has launched a private, fee-for-service plan available to employers who provide medical benefits on a national basis.

Known as the Aetna Medicare Open Plan, it provides national coverage for retirees and expands Aetna Medicare product offerings in service areas not already covered by Aetna Medicare Advantage HMO and PPO plans, the company said in a statement Wednesday.

The plan will be available to employers for January 2007, pending approval by the Centers for Medicare & Medicaid Services.

This means Medicare-eligible retirees who join a group plan may go to any licensed doctor or hospital that participates in Medicare and is willing to accept Aetna's guidelines and terms for payment.

The Aetna Medicare Open Plan can be paired with Aetna's national Medicare Part D prescription drug plans, and can cover additional benefits such as eyeglass reimbursement, hearing aid reimbursement and more.

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