The founding of Aetna in Hartford, Connecticut, in 1853 is where the company’s earliest records may be found. The first large medical coverage insurance from Aetna were made available in 1951, over a century later.
In the 1990s, Aetna and U.S. Healthcare merged to form Aetna U.S. Healthcare, which became the biggest health benefits provider in the country three years later. Aetna was purchased by CVS Health Corp. in 2017.
Aetna serves about 39 million customers. across the U.S., Aetna Aetna policyholders can get medical services through the subsidiary of CVS Health Corp. through a nationwide network of 1 million clinicians.
Health Insurance Options provided by Aetna
Group and individual health insurance are both available from Aetna. Individual health insurance policies offered by the corporation are known as Aetna CVS Health ACA plans.
Aetna additionally provides:
- Dental insurance
- Vision insurance
- Supplemental insurance
Additional advantages of Aetna
You receive benefits at the CVS pharmacy chain when you purchase an Aetna CVS Health plan. More than 1,100 MinuteClinic facilities are owned and operated by CVS, and policyholders are entitled to discounted or free care at these clinics. Policyholders also receive a 20% discount on healthcare items under the CVS brand.
Aetna Offers a Variety of Plans
On the market for health insurance, Aetna provides two different types of insurance plans:
HMO: Patients who have an HMO plan often only have access to care from providers in the plan’s provider network. To consult a specialist, you typically require a recommendation.
Exclusive Provider Organization (EPO): Patients with an EPO plan are only covered if they visit doctors, specialists, or hospitals in the plan’s network. Typically, you can see a specialist without a referral.
Optimal Aetna health insurance programs
Health insurance plans are given ratings by the National Committee for Quality Assurance (NCQA) based on the standard of care, member satisfaction, and efforts to improve.
Health insurance policies receive up to five stars from NCQA. Aetna offers a few highly regarded plans, but none of them have received five stars from the NCQA. Here are the four-star Aetna health insurance policies.
With regard to health insurance, Aetna has slightly more complaints than the norm submitted with state authorities. The National Committee for Quality Assurance gave certain of its health plans good grades for the standard of their care, client satisfaction, and improvement initiatives.
On the market for health insurance, Aetna offers health maintenance organization (HMO) and exclusive provider organization (EPO) plans. You can enjoy discounts on CVS MinuteClinic services and a 20% discount on CVS brand health care products if you purchase an Aetna CVS Health plan.
Twelve states—Arizona (Banner Aetna), California, Delaware, Florida, Georgia, Illinois, Missouri, Nevada, New Jersey, North Carolina, Texas, and Virginia—offer Affordable Care Act plans from Aetna.