Aetna Selected to Provide Medicare Advantage HMO Plans to Retired State Employees in Illinois

-- State retirees in 47 counties will have the option to choose Coventry Health Care’s Medicare Advantage plan from Aetna for 2014 --

HARTFORD, Conn.--()--Aetna (NYSE: AET) announced today that it has been selected by the Illinois Department of Central Management Services to provide Medicare Advantage HMO plans to retired state employees. Aetna will be offering the Coventry Advantra Medicare Advantage HMO, which is administered by Coventry Health Care of Illinois, in 47 counties across the state. Aetna will be one of two health plans providing Medicare Advantage HMO plans. The contract takes effect February 1, 2014. Coventry became a member of the Aetna family of companies earlier this year.

“Aetna is committed to serving the unique needs of workers and retirees in the government and public sectors, and we’re very excited to be given an opportunity to expand our participation in this program to include more State of Illinois retirees,” said David Fields, president of Aetna’s Mid-America Region. “Coventry has been a health plan provider for state employees and retirees since 1984. Our combined company retains the commitment and long-standing relationship of a locally focused business along with the strength and resources of a large national carrier.”

Medicare Advantage plans offer extra benefits not covered under Original Medicare and are designed to provide members affordable and convenient coverage alternatives. The Coventry Medicare Advantage plans offer several value-added services, including Silver Sneakers fitness club.

State of Illinois retirees are reminded that they must enroll online or complete and return an open enrollment form by December 13, 2013 to be covered by one of the new Medicare Advantage plans for 2014.

About Aetna

Aetna is one of the nation's leading diversified health care benefits companies, serving an estimated 44 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, workers' compensation administrative services and health information technology products and services. Aetna's 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.

About Coventry Health Care

Coventry Health Care, an Aetna company, provides a full portfolio of risk and fee-based products, including Medicare and Medicaid programs, group and individual health insurance, workers’ compensation solutions, and network rental services. Coventry Health Care is a Coordinated Care plan with a Medicare contract and a Medicare-approved Part D sponsor. For more information, see www.coventryhealthcare.com.

Contacts

Media Contact:
Aetna
Kendall Marcocci, 717-540-6746
kmarcocci@cvty.com

Release Summary

Aetna (NYSE: AET) announced today that it has been selected by the Illinois Department of Central Management Services to provide Medicare Advantage HMO plans to retired state employees.

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Contacts

Media Contact:
Aetna
Kendall Marcocci, 717-540-6746
kmarcocci@cvty.com