Under the joint venture, Sutter and Aetna will roll out commercial employer-based products beginning in mid-2018 in the Sacramento, Central Valley and Bay Area communities, with preferred provider organization policies to follow in early 2019. The plans require regulatory approval.
Sutter and Aetna said the joint health plan expands the companies’ existing products and will ease administrative services.
“This joint venture will deliver a differentiated, personalized experience for members and is designed to help lower the cost of care, resulting in competitively priced products,” the companies said.
Editor’s note: This article was updated June 15 at 2:19 p.m. CT to reflect the health plan will be offered to employer groups, not individual consumers. We regret this error.
More articles on payer issues:
California exchange will tell insurers to raise premiums if ACA subsidies aren’t secured
Florida Blue to sell individual ACA exchange policies for 2018
UnitedHealthcare, University of Chicago contract disagreement could affect 8k
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.