Jun 13, 2024
Small Group Aetna Funding AdvantageSM updates – effective starting 9/1/2024
It’s already time for annual Aetna Funding Advantage updates. This year, Aetna isn't messing with the plans you know and love. Plus, your clients will benefit from new wellness rewards and a simplified new business credits program.
Expanding Benefit Plans and Network Access
Three new plan options:
- $3,000 100/50 $0LXR
- HSA $4,000 100/50 E
- HSA $4,500 80/50 E
Strengthening benefits for family planning:
- Infertility – Adding coverage for artificial insemination under the Basic infertility benefit
- Contraceptives – will be able to be dispensed for up to a 12-month supply in one retail or mail-order fill
Expanding CVS Health Virtual Care to be available on all local networks except:
- Banner|Aetna or AZ out-of-state plans
- Allina Health|Aetna or MN out-of-state plans
Expanding CVS Health Virtual Primary Care to be available on:
- Innovation Health plans
- Certain locally based networks
Optimizing Member Wellness
NEW: Aetna Health Your Way™
This new wellness program will engage and reward adult members for completing a health screening, healthy actions, and activity challenges. Participating members can earn up to $100 per year in the form of gift cards. And, they can access powerful resources like digital health coaching programs and personalized* healthy action challenges
NEW: Aetna Smart Compare®
New program prioritizes provider search results based on the “Quality & Effective Care” designation, helping to drive better health outcomes, cost savings and overall experience.
Sunsetting: FitOn (formerly Peerfit)
- For new AFA customers, FitOn Will not be available starting 9/1/2024
- For existing business with renewal dates from 9/1/2024 through 2/1/2025, FitOn will be removed at the group’s renewal date
- For existing business with renewal dates from 3/1/2025 through 8/1/2025, FitOn will be removed all at once effective 2/1/2025
Simple and Easy New Business Credits
$400 is now the standard new business credit for all groups with 2 – 100 employees, including premium credits for fully insured 51 – 100. You’ll also notice that the other credit offerings are easier to understand and have fewer requirements.
Get all the details on AFA credits:
