Premium Grace Period Extension

Aetna's current contracts already include a provision for a grace period for those struggling to meet monthly payments.

Aetna will also continue complying with state mandated extensions of grace periods

Coverage Available to Laid Off Employees

Employees can maintain their coverage on your Aetna plans so long as (1) the reduction in hours/lay off is a temporary measure resulting from the COVID-19 pandemic; (2) you continue to pay your monthly bill and (3) you do not terminate the employee(s). This option is available to customers until July 31, 2020.

Please note the guidelines must be applied uniformly without regard to health status-related factors.

Waiver of Waiting Period if Employees Return from Layoff

Through July 31, 2020, Aetna is prepared to support changes to the waiting period rules. Any change in the waiting period rules that extends into the next plan year will be considered in the renewal.

Employees Who Have a Reduction in Hours

Employees can maintain their coverage on your Aetna plans so long as (1) the reduction in hours/lay off is a temporary measure resulting from the COVID-19 pandemic; (2) you continue to pay your monthly bill and (3) you do not terminate the employee(s). This option is available to customers until July 31, 2020. Please note the guidelines must be applied uniformly without regard to health status-related factors.

Additional Information

Aetna will allow prospective plan changes, such as benefit buy downs only (no buy ups), provided that the group maintains the same renewal date. Employees will be allowed to move to the lower cost plan. Employers should consult with their own benefits advisors about the implications. This option is available until July 31, 2020.