BLOOMFIELD, Conn., September 04, 2014 - Global health service company Cigna (NYSE:CI) is now expanding its private exchange plan options for clients by offering its long term disability (LTD) plans on the Aon Active Health Exchange™ and will offer its medical plans on the exchange for employees electing coverage in the fall of 2015.
Cigna currently offers its medical and dental plans on a number of Aon Exchange Solutions platforms, including Medicare Advantage and Medicare Supplement plans through the Aon Retiree Health Exchange.
“Cigna is looking forward to the opportunity the Aon Active Health Exchange presents for our company, clients and customers,” said Patty Fontneau, President of Cigna Private Exchange Business. “Together we will be offering a broad portfolio of product choices beginning with Cigna's long term disability plans during enrollment this Fall, and next year with our medical plans.”
“Cigna is an industry leader in long term disability management because we treat every disability event as a health event. Our investment in expert and clinical resources enables us to achieve better disability outcomes and help our customers return to work quickly and safely,” Fontneau said.
“By adding our long term disability plans to the Aon Active Health Exchange now and medical enrollments in 2016, we are offering hundreds of thousands of American workers more choice in how their benefit dollars may be spent to improve their health, well-being and sense of security.”
“The overall goal of our private health exchange is to create a competitive marketplace that offers consumers a variety of high quality insurance plans to meet their individual needs,” said Ken Sperling, Aon Hewitt’s National Health Exchange Strategy Leader. “Adding strong carriers like Cigna that understand the local competitive environment and the buying preferences of the consumers helps us reach this goal.”
Cigna has been among the first carriers to develop a proprietary exchange, and offer its broad product suite through single and multi-carrier private exchanges for smaller, mid-size and large employer groups. Cigna private exchange products and services portfolio offers coverage for both active and retired U.S. employees, including medical, dental, life, accident, disability, pharmacy and voluntary plans.
Cigna Corporation (NYSE: CI) is a global health service company dedicated to helping people improve their health, well-being and sense of security. All products and services are provided exclusively by or through operating subsidiaries of Cigna Corporation, including Connecticut General Life Insurance Company, Cigna Health and Life Insurance Company, Life Insurance Company of North America and Cigna Life Insurance Company of New York. Such products and services include an integrated suite of health services, such as medical, dental, behavioral health, pharmacy, vision, supplemental benefits, and other related products including group life, accident and disability insurance. Cigna maintains sales capability in 30 countries and jurisdictions, and has approximately 85 million customer relationships throughout the world. To learn more about Cigna®, including links to follow us on Facebook or Twitter, visit www.cigna.com.