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Aetna Expands Efforts to assist Consumers Purchase Health Care Based on Overall Value

Aetna (NYSE:AET) today announced that a sum of 3. 5 million Aetna members will soon have right to use to full in order to help them build health care decisions based on the real cost, clinical excellence and competence of their physicians’ care. commencement in April, Aetna will give online admission to physician-specific cost, clinical superiority and competence information in six new locations including Maine; Houston, Texas; Atlanta, Ga. ; Richmond, Va. ; Oklahoma City and Tulsa, Okla. In addition, physician-specific price information will be offered in Utah.

With the adding of these new markets, scientific quality and competence in order will be obtainable for more than 22,000 specialist physicians; exact pricing will be obtainable for additional than 100,000 physicians; and more than 22 percent of Aetna’s medical association will have access to price in order about their local physicians.

“Aetna’s launch of physician-specific price lucidity in August 2005 was the commencement of a new era in the health care marketplace. Today, health care clearness has emerged as one of the newest topics in our industry, a key focus of the federal government, and the price of admission for insurers that do business with America’s largest employers,” said Aetna Chairman, CEO and President Ronald A. Williams. “We are proud to continue to expand our efforts to pioneer quality and price transparency in the health benefits industry. ” In April, Aetna’s transparency programs will be obtainable in all or parts of Connecticut, Florida, Georgia, Indiana, Kansas, Kentucky, Maine, Maryland, Missouri, Nevada, Ohio, Oklahoma, Pennsylvania, Texas, Utah, Virginia and the District of Columbia. A map presentation market-specific characteristic is available in the Press Room at www. aetna. com and incorporated as an attachment to the press release at www. businesswire. com.

As the company expands the program, it continues to ask for criticism from the physician and boss communities. Aetna conducted research during 2006 with physicians in Ohio, Connecticut, Washington, D. C., Maryland and Florida, and continues to incorporate constituent feedback as the program expands. Aetna expects to go on increasing and ornamental the program over time and ultimately will provide the information nationwide.

The physician-specific clinical excellence and competence in order is taken from Aetna’s Aexcel® network option. Aexcel was launched in 2003 to help alleviate increases in medical costs and provide consumers with right of entry to independent, objective in order to aid them in selecting specialists. Aexcel-designated specialists undergo an assessment process that reviews their release of care based on measures of efficiency and clinical performance, including prevalence of complications and do again procedures.

Aetna members can right of entry Aetna’s transparency resources by logging on to Aetna Navigator (www. aetna. com), Aetna’s password-protected member website, searching for their physician using “DocFind,” and choosing “Provider Detail. ” Members who view rates will see the actual rates precise to their health plan for office visits, diagnostic tests, minor procedures, major procedures and other services. Rates are provided for up to 30 of a good number extensively accessed services by area of expertise. Members paying attention in clinical quality and efficiency will see whether their specialist has met the Aexcel measures for clinical performance, efficiency and volume of Aetna members treated.

In addition to its long-term focus on health care transparency for its own members, Aetna supports federal government efforts to encourage transparency throughout the health care marketplace in America. Aetna was the first health insurer and one of the first employers in the country to sign the statement in support of the “Four Cornerstones of Value-Driven Health Care,” released by the Department of Health and Human Services in November 2006. The “Four Cornerstones” are an important step in implementing the Executive Order on health care transparency signed by President Bush in August 2006. By signing the statement of support Aetna agreed to purchase health care for its 30,000 employees based on the overall value, quality and efficiency of care.

Aetna is one of the nation’s leading diversified health care benefits companies, serving approximately 35. 9 million people with information and resources to help them make better informed decisions about their health care. Aetna offers a broad range of traditional and consumer-directed health insurance products and related services, including medical, pharmacy, dental, behavioral health, group life, long-term care and disability plans, and medical management capabilities. Our customers include employer groups, individuals, college students, part-time and hourly workers, health plans and government-sponsored plans.

 

 

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