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Aetna HealthFund Waiving Setup Fees through June 30, 2011

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Aetna HealthFund HRA and POP

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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.
  • This saves employers $150 for initial set up fee.