Aetna is pleased to announce that they have EXTENDED their RAF promotion through December 31, 2013.
Group Size 2-5: Automatic 1.10
Group Size 6+: Maximum .90 RAF if they meet the program rules & eligibility criteria
To qualify for the guaranteed RAF, groups must meet the below criteria:
Less than 31% COBRA/CalCOBRA enrollees. COBRA/CalCOBRA enrollees do not count toward the enrolled employee counts.
Groups must apply for the RAF promotion prior to final underwriting approval.
Other eligible groups:
PEO - Groups with 10+ enrolling coming from a PEO (excluding groups coming from an Aetna PEO) if they meet all other guidelines.
No Prior Coverage - Groups with 10+ enrolling with no prior coverage for the previous 3 months and meet all other guidelines.
CaliforniaChoice - Groups 10+ enrolling coming from CaliforniaChoice if they meet all other guidelines.
Large Groups - Groups coming from a large group contract if they can provide a large group renewal of less than a 20% increase and qualify per AB1672. Contact Aetna for groups that did not receive a large group renewal due to group size or groups moving from an Aetna large group contract.
Groups funding a portion of the employee’s deductible, copayment/coinsurance are eligible for a .95 RAF if their renewal RAF is 1.0 or lower and they meet the program rules and eligibility criteria. (Please note: HSA plans are eligible for RAF promo when funding is through a federally qualified HSA).
Groups coming from Contractor’s Choice, HSA California, Kaiser Permanente Choice Solution, Associations, or groups that have withdrawn from Aetna within 12 months of the requested date are not eligible.
Carve out groups (management/non-management, union/non-union) are not eligible.
Please contact a member of your b&p Sales Team for assistance with your Aetna groups - 888.722.3373.