Aetna Health Insurance is the first national and full-service health insurer to offer consumer-directed health care products and is one of the nation's leading health insurance companies. Aetna Health Insurance covers over 14.8 million medical members and provides top products within dental coverage which serves 13.1 million people, pharmaceutical coverage which serves 9.4 million people and group coverage which serves 13.6 million members. Aetna also offer employee benefits to those in Pennsylvania.
Aetna's most popular plans in Pennsylvania are Health Maintenance Organization (HMO) plans and Preferred Provider Organizations (PPO) plans. Health Maintenance Organization plans tend to be less expensive than Preferred Provider Organization plans, however they are less flexible. HMO plans require member to choose within the carrier's network while PPO offers members the freedom to choose out-of-network care, but usually at a higher copay rate.
Though not amongst the popular plans in Pennsylvania, Aetna does offers High Deductible Health Plans which tend to be directed to those who live a healthier lifestyle, and who are also younger. Young people are attracted to this plan because it is paired with a low monthly premium where they are able to have health insurance at a lower cost. However, those who choose this plan should consider that it is a form of a catastrophic plan, which means that emergency care is a very rare case for members due to the plan's high deductibles.
Health Savings Accounts are also offered to Pennsylvania residents. Health Savings Accounts are for those who want to choose where their health care money is allocated and whether they want to use the money for short-term expenses, or long-term medical care. Health Savings Accounts are flexible for individuals if they change careers, marital status or even states. Aetna also lowers the health insurance premium and pays out-of-pocket health care expenses with tax-advantaged savings.