Sutter Health, Aetna to launch joint health plan

Sacramento, Calif.-based Sutter Health and Hartford, Conn.-based Aetna will offer a jointly-owned health plan to residents in northern California next year.

Advertisement

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

Advertisement

Next Up in Uncategorized

  • Robert Mach was appointed CEO of Schoolcraft Memorial Hospital in Manistique, Mich., effective Aug. 15. Mr. Mach brings a wealth…

  • Nashville, Tenn.-based HCA Healthcare, the largest health system in the country, is seeking finance chiefs at four of its hospitals. …

  • As more complex, higher-acuity surgeries continue to shift from inpatient hospitals to lower-cost outpatient settings, a growing number of health…

Advertisement

Comments are closed.