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Aetna to offer zero-premium Medicare Advantage HMO Plan Option

Published in Health Insurance Law Weekly, August 22nd, 2004

Aetna (AET) announced that it has received approval from the U.S. Centers for Medicare and Medicaid Services (CMS) to offer a "zero premium" option of its Aetna Golden Medicare Plan to Medicare beneficiaries in New Jersey's Bergen, Essex, Hudson, Passaic, Sussex and Union counties.

The Aetna Golden Medicare Plan is a Medicare Advantage (formerly Medicare+Choice) HMO plan that offers beneficiaries access to network physicians and hospitals. Aetna expects to begin offering the plans August 1.

For beneficiaries seeking a richer level of benefits, Aetna also offers the Aetna Golden Medicare Plan with a $75 monthly premium in those counties. The...

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