Aetna Wins Big Contract in Texas

The company announced it has been awarded the Medicare Advantage contract by the Teacher Retirement System of Texas, effective Jan. 1, 2013.

Aetna announced it has been awarded the Medicare Advantage contract by the Teacher Retirement System of Texas, effective Jan. 1, 2013. Aetna currently administers the fund's group retiree plan, TRS-Care, which covers more than 226,000 retired public school employees and their dependents, and will enroll eligible TRS-Care participants in an Aetna Medicare Advantage plan.

Eligible TRS-Care participants who take part in such a plan will get:

  • Lower premiums than their current TRS-Care premiums
  • A significantly lower deductible
  • Healthy lifestyle coaching and access to other programs to help members stay healthy and address their health conditions
  • A standard health club membership at no extra cost

"We are excited to build on our more than 25-year relationship with the Teacher Retirement System of Texas and offer eligible TRS-Care plan members the opportunity to participate in an Aetna Medicare Advantage plan,” said Cain Hayes, president of Aetna's Public & Labor business. "We have been working closely with TRS leadership to address the plan's financial challenges, and we believe this offering is the right solution for both the plan and its members."

To learn more about Aetna Medicare Advantage, visit www.aetnamedicare.com.

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