Aetna Statement on Bipartisan Medicare Legislation.Business Editors HARTFORD, Conn.--(BUSINESS WIRE)--Nov. 17, 2003 Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. John W. Rowe, M.D. notes bill is important to seniors and provides enhancements to overall health care system 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. ) today issued the following statement in response to reports that House and Senate conferees have reached a bipartisan agreement on final Medicare legislation: "Aetna is pleased that House and Senate conferees have reached agreement on Medicare legislation, and we are enthusiastic about the important provisions it contains," said John W. Rowe, M.D. chairman and CEO. "Our understanding of the legislation indicates that it will positively impact seniors, provide important enhancements to the overall health care system, and will maintain and strengthen the role of health plans in Medicare. This legislation is an important step in improving and modernizing Medicare and represents good public policy. "Through the new Medicare Advantage program, this legislation will provide greater choice to seniors participating in the Medicare program, by strengthening Medicare+Choice and by adding a new regional PPO PPO abbr. preferred provider organization PPO Managed care Preferred provider organization, see there Infectious disease Pleuropneumonia-like organism, see there program. These programs offer an opportunity for seniors to save money and receive benefits such as preventive care Preventive care is a set of measures taken in advance of symptoms to prevent illness or injury. This type of care is best exemplified by routine physical examinations and immunizations. The emphasis is on preventing illnesses before they occur. See also
"Seniors also will benefit from the establishment of a prescription drug prescription drug Prescription medication Pharmacology An FDA-approved drug which must, by federal law or regulation, be dispensed only pursuant to a prescription–eg, finished dose form and active ingredients subject to the provisos of the Federal Food, Drug, discount program in 2004 and 2005, as well as a comprehensive prescription drug benefit beginning in 2006. It is our hope that the House and Senate will act expeditiously ex·pe·di·tious adj. Acting or done with speed and efficiency. See Synonyms at fast1. ex to approve this important legislation." About Aetna Aetna is one of the nation's leading providers of health care, dental, pharmacy, group life, disability and long-term care long-term care (LTC), n the provision of medical, social, and personal care services on a recurring or continuing basis to persons with chronic physical or mental disorders. products, serving approximately 13.0 million medical members, 11.0 million dental members, 7.4 million pharmacy members and 12.1 million group insurance customers, as of September 30, 2003. The company has expansive nationwide networks of more than 590,000 health care services providers, including over 355,000 primary care and specialist physicians and 3,577 hospitals. For more information about Aetna, please visit the company's web site at www.aetna.com. |
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