Aetna Global Benefits to Cover Wire Transfer Fees on International Health Care Claim Reimbursements; Members Can Receive Payments in Over 100 Currencies.HARTFORD, Conn. -- Aetna Global Benefits, the international business of Aetna (NYSE NYSE See: New York Stock Exchange : AET AET Aetna, Inc. AET After Extra Time AET Actual Evapotranspiration AET Alliance for Environmental Technology AET Alpha-Ethyltryptamine AET Applied Extrusion Technologies, Inc. ), announced today a new feature for their members: payment of applicable wire transfer fees for international health care claim reimbursements. In the past, members who received their claims reimbursements through wire transfers were responsible for any transaction fees charged by their banks. AGB has the capability to issue these claims reimbursements in over 100 currencies. "By covering these fees, which could be in excess of $25 (USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. ) per transaction, we feel that we significantly improve one of the ways that members currently receive claim reimbursements," said Martha Temple, head of Aetna Global Benefits (AGB). "This is part of our continued effort to provide high-quality, concierge-level services to our members around the world." In addition to wire transfer, AGB members also have the option to receive their claim reimbursements by check or Electronic Funds Transfer See EFT. (application, communications) electronic funds transfer - (EFT, EFTS, - system) Transfer of money initiated through electronic terminal, automated teller machine, computer, telephone, or magnetic tape. (EFT). Currently, the EFT option - a direct deposit in local currency to an international bank account - can be used in 17 countries with the currencies used most commonly by banks throughout the world, including Euro, CAD (Canadian), DKK DKK In currencies, this is the abbreviation for the Danish Krone. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. (Denmark), NOK NOK In currencies, this is the abbreviation for the Norwegian Krone. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. (Norway), SEK SEK In currencies, this is the abbreviation for the Swedish Krona. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. (Sweden), GBP GBP In currencies, this is the abbreviation for the British Pound. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. (U.K.), CHF CHF In currencies, this is the abbreviation for the Swiss Franc. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. (Switzerland) and USD (United States). As with wire transfers, AGB will also pay for any transaction fees incurred by the member for an EFT. AGB is the first international health insurance provider to offer their members the full suite of options for payments. "We offer these three easy-to-use reimbursement alternatives so members can choose the option that works best for them," Temple said. "We know that global employees have numerous issues to deal with, so we want to make their interactions with us as simple and convenient as possible, so they can focus on their health, safety, and security while living abroad." About Aetna Global Benefits Aetna Global Benefits (AGB), the international health and group benefits subsidiary of Aetna, Inc., provides comprehensive benefits coverage for more than 170,000 expatriates, third-country nationals, and key local nationals in over 150 countries. As the international business unit of Aetna, AGB leverages the connections and capabilities of its parent company. AGB's products are tailored to meet the unique needs of a globally mobile population, helping multinational employers attract and retain qualified employees for international assignments. AGB recognizes its diverse customer base has different requirements, and offers multiple solutions to meet the needs of a variety of companies and organizations. Find out more about AGB by visiting www.aetnaglobalbenefits.com. About Aetna Aetna is one of the nation's leading diversified health care benefits companies, serving approximately 28.3 million unique members with information and resources to help them make better informed decisions about their health care. Aetna offers a broad range of traditional and consumer-directed health insurance products and related services, including medical, pharmacy, dental, behavioral health, group life, long-term care and disability plans, and medical management capabilities. Our customers include employer groups, individuals, college students, part-time and hourly workers, health plans and government-sponsored plans. www.aetna.com |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion