Banner|Aetna Now Offering Enhanced ACA Insurance Plans to More Arizonans

The State’s Fastest-Growing Health Insurer Adds New Features, Programs and Expands into Gila County

PHOENIX--(BUSINESS WIRE)--
Banner|Aetna, a joint venture health plan owned by Banner Health and Aetna, a CVS Health company, is offering Affordable Care Act (ACA) health insurance plans with additional benefits across more Arizona counties in 2024. Banner|Aetna will offer Silver plans at zero premium in Maricopa, Pima and Yuma counties for fully subsidized members. Now through Jan. 15, 2024, individuals and families can enroll for 2024 coverage via BannerAetna.com, through an authorized broker, or on HealthCare.gov.

As a joint venture insurance company, Banner|Aetna unites a renowned local health system with the resources of a national insurer to connect people with the right level of care at the right time. This unique arrangement results in a different kind of health insurance, as it offers an improved member experience, higher quality care, and more affordable health care.

Banner|Aetna plans are available to individuals and their families in Gila County for the first time in 2024. The insurer continues to support Arizonans throughout Cochise, Coconino, Maricopa, Pinal, Pima, and Yuma counties.

The company has launched new programs that will help consumers more easily access care at a lower cost. In addition to coverage for 10 essential benefits like prescription drugs, maternity and newborn care, and mental health services, plans include:

• Open access to in-network providers. Referrals are not required, and members can see any in-network doctor without selecting a primary care provider.
  
• A yearly allowance of $100 for CVS-brand health and wellness items. Members also get 20% off CVS Health products.

• $0 visits at MinuteClinic and HealthHUB locations. Members can receive flexible, one-on-one support for acute and chronic care needs.

• $0 on-demand, text-based primary care through 98point6. Members have 24/7 access to board-certified doctors for diagnosis and treatment.

“The enhancements we’ve made to Banner|Aetna plans will help more people easily access high-quality, affordable health care,” said Tom Grote, chief executive officer of Banner|Aetna. “After offering individual and family health insurance for the first time in 2022, we’ve seen exponential membership growth, which is driving even more innovative programs and benefits.”

Convenient enrollment in Banner|Aetna health insurance can be completed directly through BannerAetna.com, on HealthCare.gov, or with the help of an authorized health insurance broker. These options are also available to applicants and their families who are receiving federal assistance that lowers premium costs. This year, 60% of uninsured Americans qualify for subsidized coverage.

About Banner|Aetna

Banner|Aetna is a health insurance company focusing on bettering member outcomes at a lower cost, all while improving the overall member experience for employers and consumers in Arizona. The collaboration combines Banner Health’s high-quality, local providers and delivery systems with Aetna’s health-plan experience, care management and health information technology. Banner|Aetna is the brand name used for products and services provided by Banner Health and Aetna Health Insurance Company and Banner Health and Aetna Health Plan Inc. For more information about Banner|Aetna, visit BannerAetna.com.

About Banner Health

Banner Health is one of the largest, secular nonprofit health care systems in the country. In addition to 33 hospitals, Banner also operates an academic medicine division, Banner – University Medicine, and Banner MD Anderson Cancer Center, a partnership with one of the world’s leading cancer programs, MD Anderson Cancer Center. Banner’s array of services includes a health insurance division, employed physician groups, outpatient surgery centers, urgent care locations, home care and hospice services, retail pharmacies, stand-alone imaging centers, physical therapy and rehabilitation, behavioral health services, a research division and a nursing registry. To make health care easier, 100% of Banner-employed doctors are available for virtual visits and patients may also reserve spots at Banner Urgent Care locations and can book appointments online with many Banner-employed doctors. Headquartered in Arizona, Banner Health also has locations in California, Colorado, Nebraska, Nevada and Wyoming. For more information, visit bannerhealth.com.

About CVS Health

CVS Health^® is the leading health solutions company, delivering care like no one else can. We reach more people and improve the health of communities across America through our local presence, digital channels and over 300,000 dedicated colleagues – including more than 40,000 physicians, pharmacists, nurses and nurse practitioners. Wherever and whenever people need us, we help them with their health – whether that’s managing chronic diseases, staying compliant with their medications or accessing affordable health and wellness services in the most convenient ways. We help people navigate the health care system – and their personal health care – by improving access, lowering costs and being a trusted partner for every meaningful moment of health. And we do it all with heart, each and every day. Follow @CVSHealth on social media.

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Media Contact
Sarah McLeod
Activate Health

smcleod@activatehealth.com

480.352.1044

Source: Banner|Aetna