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| [January 10, 2013] |
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UPMC Joins Aetna's Network for Medicare Advantage Groups
PITTSBURGH --(Business Wire)--
Aetna (NYSE: AET)
and UPMC (University of Pittsburgh Medical Center) announced today that
they have signed an agreement that expands access to UPMC facilities and
physicians for members of Aetna's group Medicare Advantage plans.
Under the agreement, which took effect Jan. 1, members of Aetna's group
Medicare Advantage plans can receive covered services, at in-network
rates, from the entire network of UPMC's hospitals and providers in
Western Pennsylvania. Aetna and UPMC signed a contract in 2011 that
covered Aetna's commercial members.
"Aetna is very happy to expand its relationship with UPMC to include
members of our group Medicare Advantage plans," said Patrick Young (News - Alert),
president of Aetna's Pennsylvania and Delaware operations. "Our
commercial members have benefited from having access to UPMC's hospital
and doctors. We're pleased that our group Medicare Advantage customers
will be able to do the same."
"As the preferred health care provider for people throughout western
Pennsylvania, UPMC is pleased that more Atna members will be able to
enjoy access to the highest-quality, most cost-effective,
patient-focused health care that's available," said Joseph T. Chuba,
vice president, payor contract services, UPMC. "This agreement with
Aetna is another clear demonstration of the benefits we see resulting
from a more competitive health insurance marketplace in this region."
Aetna provides health benefits to approximately 114,000 members in
Western Pennsylvania. Those members have access to a contracted network
that includes 72 hospitals and more than 14,000 primary care and
specialist physicians.
About UPMC
UPMC is a $10 billion global health enterprise with more than 55,000
employees headquartered in Pittsburgh, Pa., and is transforming health
care by integrating more than 20 hospitals, 400 doctors' offices and
outpatient sites, a health insurance services division, and
international and commercial services. Affiliated with the University of
Pittsburgh Schools of the Health Sciences, UPMC ranked No. 10 in the
prestigious U.S. News & World Report annual Honor Roll of America's Best
Hospitals in 2012-and No. 1 in Pennsylvania-with 15 adult specialty
areas ranked for excellence. UPMC is redefining health care by using
innovative science, technology and medicine to invent new models of
accountable, cost-efficient and patient-centered care. For more
information, go to UPMC.com.
About Aetna
Aetna is one of the nation's leading diversified health care benefits
companies, serving approximately 37.3 million people with information
and resources to help them make better informed decisions about their
health care. Aetna offers a broad range of traditional, voluntary and
consumer-directed health insurance products and related services,
including medical, pharmacy, dental, behavioral health, group life and
disability plans, and medical management capabilities, Medicaid health
care management services and health information technology services. Our
customers include employer groups, individuals, college students,
part-time and hourly workers, health plans, health care providers,
governmental units, government-sponsored plans, labor groups and
expatriates. For more information, see www.aetna.com.

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