Aetna announced it’s expanding its presence in the Federal Employees Health Benefit Program (FEHBP) with two new options, including a new Aetna Direct plan designed for federal retirees and a new joint venture between Aetna and Inova Health Systems called Innovation Health.
These new options add to Aetna’s variety of plans already available to federal employees.
“By bringing new innovations such as Aetna Direct and Innovation Health Plan options to the FEHBP, we are helping the Office of Personnel Management achieve its goal of providing federal employees, retirees and their families with the best possible coverage options, while also fostering greater competition and choice,” Tom Bernatavitz, Aetna vice president of Federal Plans, said in a statement.
The company says Aetna Direct can help to significantly lower out-of-pocket costs for federal retirees who have primary coverage through Medicare Parts A & B. In addition, deductibles and coinsurance are waived for members with Medicare Part A & Part B primary, and the plan provides a fund that can be used to reimburse Part B premiums or for other covered services.
Innovation Health leverages Aetna and Inova services and technology to promote wellness and help improve patient outcomes.
