According to a news report from ManagedHealthcare.Info, HealthFund members can choose what medical services they want to have covered from their choice of health providers.
The ManagedHealthcare story said the plan also provides first-dollar coverage for preventive services, such as annual physicals, mammograms, and well-child care, not subject to the annual deductible or deducted from the health fund.
In addition, any money left in the fund can be carried over to provide additional plan coverage the year after, the news story said.
The fully insured plan also offers a variety of deductible and coinsurance options to provide additional flexibility in health benefits to employers with as few as 51 eligible employees, according to ManagedHealthcare. Aetna first launched a self-insured Aetna HealthFund product in September 2001 for large national employers.