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Aetna To Sell Medicare Supplement Plans In Florida

Aetna (NYSE: AET) announced today that its subsidiary, Aetna Life Insurance Company (Aetna), has been approved by Florida regulators to begin selling individual Medicare Supplement plans in the state.

Beginning March 1, 2013, beneficiaries with original Medicare will be able purchase the plans directly from Aetna, either by phone or during a personal sales consultation with an Aetna sales representative. Eventually, the company plans to also offer the plans through brokers.

Aetna Medicare Supplement plans help beneficiaries pay for some of the health care costs not covered by Medicare Part A or Part B. These include deductibles and coinsurance payments.

“Aetna is very happy to add Medicare Supplement plans to our menu of offerings for beneficiaries in Florida,” said Johnny Matos, head of Aetna’s Medicare Advantage sales for Florida. “With our Medicare Advantage plans and Part D prescription drug plans, beneficiaries now can choose from an even broader range of Aetna solutions.”

Adding individual Medicare Supplement plans is one of several changes Aetna is making to better meet the needs of Florida’s Medicare recipients.

Aetna also is making it easier for beneficiaries to access information and get their Medicare questions answered. At each Aetna Medicare enrollment meeting in Florida, representatives will remain on hand for the entire day – long after the meeting has ended – and answer questions about available options. For more information, go to www.aetnamedicare.com.

Aetna provides health benefits to more than 1 million people in Florida through a wide array of commercial and Medicare plans.

About Aetna

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.

Medicare Supplement insurance is underwritten by Aetna Life Insurance Company. Neither Aetna Life Insurance Company nor its Medicare Supplement insurance plans are connected with or endorsed by the U.S. or state government or the Federal Medicare Program.

Copyright Business Wire 2010

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