Aetna Introduces New Medicare Advantage Plan with Main Line Health

Tuesday, October 6, 2015

The Aetna Medicare Main Line Health Prime Plan offers access to high-quality, coordinated care with a $12 monthly premium

HARTFORD, Conn. – Aetna (NYSE: AET) today announced a new Aetna Medicare Advantage plan with a $12 monthly premium that will give Medicare beneficiaries access to coordinated care in Chester, Delaware and Montgomery counties. The Aetna Medicare Main Line Health Prime Plan is a Medicare Advantage HMO and the first co-branded Medicare plan of its kind in the Delaware Valley that provides access to Main Line Health's network, their affiliated physicians and other health care providers at in-network rates.

Aetna Medicare Advantage Prime members who receive care from Main Line Health and affiliated providers will experience more coordinated care and will benefit from the improved flow of information to treating physicians, particularly those patients with chronic or complex conditions. Aetna nurse case managers will work with the providers to assist in care coordination, outreach and follow-up services.

"We are pleased to offer Medicare beneficiaries a new, $12 monthly premium plan that emphasizes care coordination and provider collaboration," said Laurie Brubaker, market president for Aetna. "Main Line Health doctors and other health care professionals will work closely with us to help provide each member with a personalized and coordinated health care experience at a $12 monthly premium, which is an incredible value."

This agreement rewards providers for successful population management, including improving health care outcomes while reducing health care costs. This plan will be available during Medicare Annual Enrollment period this fall for January 2016 effective dates in Chester, Delaware and Montgomery counties.

Aetna has been working with health care systems to advance value-based models of care for more than seven years. In value-based models, doctors and hospitals are paid for helping keep people healthy and for improving the health of those who have chronic conditions in an evidence-based, cost-effective way. Aetna is committed to increasing the number of claims payments going to doctors and providers who practice value-based care to 50 percent by 2018 and 75 percent by 2020.

About Aetna

Aetna is one of the nation’s leading diversified health care benefits companies, serving an estimated 46.7 million people with information and resources to help them make better informed decisions about their health care. Aetna offers a broad range of traditional, voluntary and consumer-directed health insurance products and related services, including medical, pharmacy, dental, behavioral health, group life and disability plans, and medical management capabilities, Medicaid health care management services, workers’ compensation administrative services and health information technology products and services. Aetna’s customers include employer groups, individuals, college students, part-time and hourly workers, health plans, health care providers, governmental units, government-sponsored plans, labor groups and expatriates. For more information, see www.aetna.com.

About Main Line Health

Founded in 1985, Main Line Health (MLH) is a not-for-profit health system serving portions of Philadelphia and its western suburbs. At its core are four of the region's respected acute care hospitals—Lankenau Medical Center, Bryn Mawr Hospital, Paoli Hospital and Riddle Hospital—as well as one of the nation's premier facilities for rehabilitative medicine, Bryn Mawr Rehab Hospital; Mirmont Treatment Center for drug and alcohol recovery; and HomeCare & Hospice, a home health service. Main Line Health also consists of Main Line HealthCare, one of the region's largest multi-specialty physician networks, and the Lankenau Institute for Medical Research, a non-profit biomedical research organization located on the campus of Lankenau Medical Center. Main Line Health is also comprised of four outpatient health centers located in Broomall, Collegeville, Exton and Newtown Square. Main Line Health Hospitals, with more than 10,000 employees and 2,000 physicians, are the recipients of numerous awards for quality care and service, including System Magnet® designation, the nation's highest distinction for nursing excellence. Main Line Health is among the area's leaders in medicine, providing advanced patient-centered care, education and research to help our community stay healthy.

Aetna Medicare is a PDP, HMO, PPO plan with a Medicare contract. Our SNPs also have contracts with State Medicaid programs. Enrollment in our plans depends on contract renewal. See Evidence of Coverage for a complete description of benefits, exclusions, limitations and conditions of coverage. Plan features and availability may vary by location. This information is not a complete description of benefits. Contact the plan for more information. Limitations, copayments and restrictions may apply. Benefits, provider network and premium may change on January 1 of each year. You must continue to pay your Medicare Part B premium. Other providers are available in our network.

Aetna Media Contact

Walter Cherniak
Media Line: 860-273-0888
Direct Dial: 410-401-9490
CherniakJrW@aetna.com

Main Line Health Media Contact:

Bridget G. Therriault
Office: 484-580-1025
Cell: 484-222-9154
TherriaultB@MLHS.ORG

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