Le Lézard
Classified in: Health, Business
Subject: CON

Aetna recommended for new D-SNP contract by the State of Michigan


Aetna to support more Michigan residents eligible for both Medicare and Medicaid

DETROIT, Oct. 11, 2024 /PRNewswire/ -- Aetna®, a CVS Health® company (NYSE: CVS), announced the State of Michigan has recommended the company for a new contract to serve MI Coordinated Health beneficiaries who are eligible for both Medicare and Medicaid. Aetna was selected as part of a competitive bidding process.

Under the new contract, eligible Michigan residents will have access to an Aetna Highly Integrated Dual Eligible Special Needs Plan (HIDE SNP), which provides all Medicare benefits, most Medicaid covered benefits and integrates long-term services and supports (LTSS) for beneficiaries. Aetna will continue supporting dually eligible Michigan members in the 10 counties it currently serves and expand services to an additional 29 counties in 2027.

"Individuals dually eligible for both Medicare and Medicaid often have complex health care needs, making coordination of benefits essential for positive health outcomes," said Jason Smith, Vice President, Duals Markets at Aetna. "We're pleased with this win and the opportunity to continue our partnership with the State of Michigan to provide dually eligible members with an integrated health plan that provides access to quality, coordinated health care."

Aetna has been serving dually eligible beneficiaries in Michigan through a Medicare-Medicaid Plan (MMP) for over 10 years and currently manages the health benefits of approximately 8,500 dually eligible members. The contract award is part of the State's transition from an MMP plan design, which was in place as a demonstration program.

Pending the completion of the state's protest period and readiness review, the new contract is expected to begin on January 1, 2026, and end on December 31, 2033, with the option of renewals.

This contract has no impact on the existing contract with Aetna Better Health of Michigan to serve the Medicaid-eligible population through the state's Comprehensive Health Care Program (CHCP).

About Aetna

Aetna, a CVS Health business, serves an estimated 36 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 and behavioral health 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, visit Aetna.com

Aetna Medicare is a HMO, PPO plan with a Medicare contract. Our D-SNPs also have contracts with State Medicaid programs. Enrollment in our plans depends on contract renewal. Plan features and availability may vary by service area.

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.

Media contact

Robert Joyce
[email protected]

SOURCE CVS Health


These press releases may also interest you

at 00:00
For the third consecutive year, FirstService Residential has been ranked New York's top property management company by The Real Deal. To rank the city's top property managers, The Real Deal analyzed the number of units...

9 nov 2024
Violent attacks targeting Jews took place in Amsterdam on Thursday evening following a soccer match that left a number of Israelis wounded. Antisemitic mobs hunted down dozens of Israeli soccer fans who had traveled to Amsterdam to watch Israeli...

9 nov 2024
Layne's Chicken Fingers, the fan-favorite chicken franchise out of Texas, is coming to Pasadena. Opening this December at 5000 Fairmont Pkwy, the new location will give Pasadena residents a chance to find out what has made Layne's an iconic name in...

9 nov 2024
As commercial energy rates continue to rise, businesses are feeling the pressure on their operating costs. Many companies are unknowingly overpaying for energy, despite better options available in deregulated markets. Bid On Energy, a leading...

9 nov 2024
More than 16,000 participants took on downtown Indianapolis this morning in the 17th annual CNO Financial Indianapolis Monumental Marathon, Half Marathon and 5K. The monumental day showcased a multitude of records, including three course records and...

9 nov 2024
Media are invited to join the Honourable Marci Ien, Minister for Women and Gender Equality and Youth and Member of Parliament for Toronto Centre ? on behalf of the Honourable Sean Fraser, Minister of Housing, Infrastructure and Communities ? Olivia...



News published on and distributed by: