Aetna Inc. has hired Flexible Benefit Service Corp. to help it offer self-funded health reimbursement arrangement services to small groups.
Aetna, Hartford, is selling the Aetna HealthFund HRA for Small Group program to employers with 2 to 50 employees, the company says.
Employers can buy a stand-alone HRA program; an HRA that comes with high-deductible health coverage and kicks in before insureds meet the deductible; and a “post-deductible” HRA that kicks in only after insureds pay the plan deductible out of their own pockets, Aetna says.
Flexible Benefit, Des Plaines, Ill., also can set up reimbursement options to cover all expenses allowed by the federal government; expenses applied only to the deductible; expenses related to the insurance, such as the deductible and co-payments; and policy-related expenses along with other health care expenses, such as dental expenses and vision care expenses.