Aetna Health Insurance was developed in 1853 and today serves 14.8 million medical members. Aetna is the first national and full-service health-insurer to offer consumer-directed healthcare products. Today, Aetna is one of the nation's leading health insurance companies which providers top products covering dental which covers 13.1 million members, pharmacy which covers 9.4 million members, group life which covers 13.6 million members and disability as well as employee benefits.
For more information about Aetna employee benefits in Illinois, visit our Illinois Small Business Group page.
Aetna's members are served by over 721,000 health care professionals which includes 431,000 primary care doctors and specialists and 4,323 hospitals. Though Aetna has a large and extended network of health care providers, Illinois residents may want the freedom to choose out-of-network providers, which makes Aetna's Preferred Provider Organization plans some of the most popular choices in Illinois. Preferred Provider Organization (PPO) plans differ from Health Maintenance Organization (HMO) plans in that HMOs require members to choose in-network provider care. PPO plans give the freedom of choice to out-of-network care, though the copays tend to be higher.
Aetna has an A.M. Best Rating of "A" for Excellent and provides Illinois residents with 12 managed choice plans as well as four high deductible plans and four preventative and hospital care plans. High Deductible Health Plans (HDHP) are directed to healthier individuals who also tend to be younger where catastrophic emergency care is a rarity. These plans are paired with lower premiums which is what makes them so attractive to consumers.