HARTFORD, Conn.--(BUSINESS WIRE)--Building on its portfolio of AARP-branded products, Aetna (NYSE: AET) is offering a lower cost alternative to AARP members age 50-64 who are looking for reliable health coverage. The AARP® Value Plan 5000, insured by Aetna, includes coverage for preventive care, prescriptions, doctor visits, hospitalization, and diagnostic tests. As a preferred provider organization, or PPO, the plan offers broad access to doctors and other health care professionals.
“We are responding to the current economic environment by providing a lower monthly premium option to AARP members who are seeking comprehensive medical coverage,” said Ann Bryan, Vice President and head of the AARP-branded program at Aetna. “The plan features the same standard benefits we’ve always offered to AARP policyholders, but at coinsurance levels that balance cost and coverage.”
The AARP Value Plan 5000 is open to individuals age 50-64 and their dependents in Arizona, California, Florida, Ohio, Pennsylvania and Texas. Applications are available now for a January 1 effective date. For more information, individuals can call 1-866-844-0824 or go to http://premierhealthcoverage.com/.
Aetna is one of the nation's leading diversified health care benefits companies, serving approximately 37.3 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, Medicaid health care management services and health information technology services. Our customers include employer groups, individuals, college students, part-time and hourly workers, health plans, health care providers, governmental units, government-sponsored plans, labor groups and expatriates. For more information, see www.aetna.com.
AARP is a nonprofit, nonpartisan organization, with a membership of more than 37 million, that helps people 50+ have independence, choice and control in ways that are beneficial to them and society as a whole. AARP does not endorse candidates for public office or make contributions to either political campaigns or candidates. AARP produces AARP The Magazine, the definitive voice for Americans 50+ and the world's largest-circulation magazine; AARP Bulletin, the go-to news source for the 50+ audience; AARP VIVA, a bilingual lifestyle multimedia platform addressing the interests and needs of Hispanic Americans; and national television and radio programming including My Generation and Inside E Street. The AARP Foundation is an affiliated charity that provides security, protection, and empowerment to older persons in need with support from thousands of volunteers, donors, and sponsors. AARP has staffed offices in all 50 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. Learn more at www.aarp.org.
About AARP Services, Inc.
Established in 1999, AARP Services, Inc. is a wholly owned taxable subsidiary of AARP. AARP Services, Inc. manages provider relationships and performs quality control oversight of the wide range of products and services that carry the AARP name and are made available by independent providers as benefits to more than 37 million AARP members. The provider offers currently span health products, financial products, travel and leisure products, and life event services. Specific products include Medicare supplemental insurance; credit cards, auto and home, mobile home and motorcycle insurance, life insurance and annuities; member discounts on rental cars, cruises, vacation packages and lodging; special offers on technology and gifts; pharmacy services; legal services; and long term care insurance. AARP Services, Inc. also engages in new product development activities for AARP and provides certain consulting services to outside companies.