Aetna~6.zip

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Attached to
Open Market Competitive Sealed Proposal IL|26-478HFS-MEDPR-P-99057
Contract number
26-478HFS-MEDPR-P-99057
Issued by
Illinois

About this file

Contract Summary

This is an Aetna health insurance benefits contract awarded through a state and local government procurement process. The contract involves Aetna as the primary vendor providing health insurance services to eligible state and local employees across multiple jurisdictions. The document establishes the framework for health benefit plan offerings, enrollment procedures, and administrative requirements that govern the relationship between Aetna and the participating government entities and their employees.

The contract encompasses comprehensive health insurance coverage including medical, dental, vision, and behavioral health services. Pricing is structured through monthly premium rates established for different employee classes and family composition tiers, with specific rates adjusted annually. The contract includes multiple option periods allowing for renewal and continuation of services beyond the initial term, with provisions for rate adjustments based on claims experience and market conditions. Funding sources include employee contributions, employer contributions from participating agencies, and applicable federal or state subsidies. The agreement specifies service levels, claim processing timelines, network provider requirements, and reporting obligations, with particular attention to compliance with applicable health insurance regulations and requirements for serving diverse employee populations across the participating jurisdictions.

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