NU Online News Service, Dec. 13, 10:22 a.m. – Aetna Inc., Hartford, is now selling a fully insured defined-contribution health plan, the Aetna HealthFund product, in Maine.
The plan is the first fully insured defined-contribution plan approved for sale in Maine, Aetna says.
The plan combines traditional health insurance with employer-funded accounts that employees can use to pay for care from the health care providers of their choice. Participants can carry over any funds left in the accounts at the end of the year to the following year.