Health Insurance - Aetna improves Expatriates cover - 15/09/2008

Aetna, the state’s largest health insurer, has announced that it will extend its services to European Union-based multinational corporations and their employees on international assignments.

The offering is the first integrated product between Aetna Global Benefits, the insurer’s international health and group business, and its newly acquired Goodhealth Worldwide, a specialist provider of international health insurance for expatriates.

According to the insurer, the portfolio is similar to what US-based multinational corporations get from AGB, however, the company says that it is using the partnership to develop new products for new markets.

Aetna who recently expanded their services in UK, said the new portfolio is set to provide coverage to a large group of expatriates. It will be offered alongside existing Goodhealth products in Europe for specific persons but will be extended to include the small, medium and large group markets.

The health insurance provider says that the portfolio comes with enhanced benefit plan designs and programs, a direct-settlement provider network and a password-protected member Web site complete with access to personalised information and global health resources.

Aetna has been operating in international markets for more than 30 years and has increased its global operations following its acquisition of Goodhealth Worldwide last October and a recent venture into the market in China.

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