Aetna HealthFund Waiving Setup Fees through June 30, 2011
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Feb 17, 2011
Aetna HealthFund HRA and POP
Aetna has announced that they will continue to waive the set up fees for Aetna Health Fund HRA and POP plans through June 30, 2011 effective dates.
HRA
New Business set up fees for HRA administration will be waived.
This saves employers (2 – 25) $350 and employers (26 – 50) $450.
Monthly administrative fee of $5 per participant remains in place.
Key benefits of Aetna HealthFund HRA
Employer doesn’t have to pre-fund the HRA account
Reimbursement for employees is streamlined. No need for employees to submit claims for reimbursement.
POP
Employer must purchase at least $20k in life insurance per employee.