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Share Name | Share Symbol | Market | Type |
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Aetna Inc. (delisted) | NYSE:AET | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 212.70 | 0 | 01:00:00 |
As millions of people across the country finalize their benefits choices for 2012, Aetna (NYSE: AET) today announced results of a consumer survey showing that more than half of insured adults are confused with several important aspects related to choosing a health insurance plan. Aetna has enhanced and completely redesigned the Plan for Your Health website to simplify the often complicated information available on health benefits, and help consumers better understand how to choose, use and get the most from their health benefits.
According to the survey of more than 1,000 insured adults1, many individuals had trouble understanding:
The redesigned Plan for Your Health site includes information that can help consumers make health benefits decisions during Open Enrollment, such as the Navigating Your Health Benefits For Dummies® guide, 3rd edition, which was produced in partnership with the Financial Planning Association, the largest membership organization of personal financial planning experts in the U.S. More than 300,000 consumers have used free copies of the guide over the past five years, and the 3rd edition includes tips on how to maximize health benefits in a tough economy, as well as information on the health care reform law.
“We know that health insurance can be confusing, but the Plan for Your Health website can help,” said Wendy A. Richards, MD, MBA, FAAP, a National Medical Director for Aetna, and co-author of Navigating Your Health Benefits For Dummies. “The site has information and tools that can help everybody better understand their health benefits, no matter their age or how much they already know about health insurance.”
Other improvements to the site include:
Providing Help Throughout the Year
While many people make decisions on their health insurance plans during Open Enrollment, they also use health care services throughout the year. In addition to the Plan for Your Health website, Aetna offers members a number of tools to help them get the most out of their health benefits.
One popular tool for Aetna members is the Member Payment Estimator, with more than 67,000 hits per month in 2011. The Member Payment Estimator provides real-time cost estimates for in-network and out-of-network care for more than 500 commonly used, non-emergency health care services. This level of detail – a first for health plan members – gives members a more complete picture of the costs involved and helps people better plan for and budget for health care.
The U.S. Government Accountability Office recently released a report regarding the transparency of health care costs, and the Member Payment Estimator was recognized as the only tool from a private health insurance company that “provides estimates of a consumer’s complete cost.” Additional information on the Member Payment Estimator is available on the Aetna website, or through a case study from Forrester Research.
Other tools and resources available to Aetna members include:
About Aetna
Aetna is one of the nation’s leading diversified health care benefits companies, serving approximately 36.3 million people with information and resources to help them make better informed decisions about their health care. Aetna offers a broad range of traditional, voluntary and consumer-directed health insurance products and related services, including medical, pharmacy, dental, behavioral health, group life and disability plans, and medical management capabilities and health care management services for Medicaid plans. Our customers include employer groups, individuals, college students, part-time and hourly workers, health plans, governmental units, government-sponsored plans, labor groups and expatriates. For more information, see www.aetna.com.
About Plan for Your Health
Plan for Your Health, a public education campaign from Aetna and the Financial Planning Association, gives consumers the information they need to make health benefits and financial choices that meet their needs now and in the future. The Web site is organized by lifestage – young adults, getting married, family life, living single, and retirement – and offers consumer-friendly tools, tips and content that support well-informed decision-making. www.PlanforYourHealth.com
1 Survey Methodology
These findings are from a telephone survey conducted by ORC International October 20-24, 2011 among a random national sample of 2,031 adults, from which 1,009 individuals with health insurance other than Medicare or Medicaid were identified. The margin of error for the sample of 1,009 is +/- 3 percent at the 95% confidence level. Smaller sub-groups have a higher sampling error. The survey was commissioned by Weber Shandwick on behalf of their client, Aetna Inc.
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