Aetna and Bank of America to Introduce the Unique Aetna Healthy Living(SM) Credit Card.Innovative credit card program offers members a low-APR, flexible method of paying for out-of-pocket health care expenses and promotes healthy living behaviors HARTFORD, Conn. & CHARLOTTE, N.C. -- 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. ) and Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. (NYSE:BAC BAC abbr. blood alcohol concentration ) have teamed up to develop the Aetna Healthy Living(SM) credit card for Aetna's medical, dental, pharmacy and behavioral health Behavioral health was first used in the 1980's to name the combination of the fields mental health and substance abuse. As an example, an organization serving both mental health and substance abuse clients might refer to its practice as behavioral health or members. The innovative credit card, available later this year to qualifying Aetna members, is a rewards-based credit card that facilitates payment of out-of-pocket medical expenses as well as everyday purchases while promoting healthy living at the same time. The Aetna Healthy Living credit card offers a variety of unique features including a rewards program based on Bank of America's WorldPoints platform. "As consumers are taking more responsibility for health care decision-making and spending, they are looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. convenient ways to manage their health care dollars. With this card, Aetna is bringing its strong track record in consumer-directed health plans together with an innovative approach to help consumers manage the cost of their health care and facilitate payments to health care professionals," said Mark Bertolini, executive vice president, Aetna Regional Businesses. Aetna members who apply for and are issued the Aetna Healthy Living credit card will have access to a base rewards program that offers one point for every qualifying retail dollar charged to the card and access to a wide variety of redemption options. Additionally, Aetna Healthy Living credit card members will be rewarded with the following unique features that provide incentives for healthy living. * Earn 3 points for every $1 spent on certain health-related purchases including hospital treatments, doctor and dentist charges, sporting goods Noun 1. sporting goods - sports equipment sold as a commodity commodity, trade good, good - articles of commerce sports equipment - equipment needed to participate in a particular sport stores, fitness and weight loss centers, vitamin stores and more. * Receive an exclusive 10 percent point redemption discount on dozens of health-related items - gym equipment, spa set, bicycles, blood pressure monitors and more from the WorldPoints catalog. * Redeem points in the form of statement credits that can help pay for medical copayments made with the Aetna Healthy Living credit card. * Redeem points for cash rewards that can be used to help pay for health care and other expenses, or deposited to a checking account or a Health Savings Account A Health Savings Account (HSA) is a tax-advantaged medical savings account available to taxpayers in the United States who are enrolled in a High Deductible Health Plan (HDHP). The funds contributed to the account are not subject to federal income tax at the time of deposit. . In addition to these features, Aetna and Bank of America plan to introduce additional health-focused reward opportunities. The credit card is currently available to Aetna's Small Group customers and will be expanded to other customer groups in 2007. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Bruce Hammonds, president, Bank of America Card Services The software support for PC Cards. PC Card applications talk to Card Services. See PC Card. , "We are very focused on the health care sector and are proud to partner with Aetna on such an innovative program. This further demonstrates the commitment that Bank of America brings to the health care arena." For additional information about the Aetna Healthy Living credit card program, call Bank of America at 1-866-626-6262. About Bank of America Bank of America is one of the world's largest financial institutions, serving individual consumers, small and middle market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk-management products and services. The company provides unmatched convenience in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , serving more than 55 million consumer and small business relationships with more than 5,700 retail banking offices, more than 16,700 ATMs and award-winning online banking with more than 20 million active users. Bank of America is the No. 1 overall Small Business Administration (SBA SBA abbr. Small Business Administration Noun 1. SBA - an independent agency of the United States government that protects the interests of small businesses and ensures that they receive a fair share of government ) lender in the United States and the No. 1 SBA lender to minority-owned small businesses. The company serves clients in 150 countries and has relationships with 97 percent of the U.S. Fortune 500 companies and 80 percent of the Global Fortune 500. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. . About Aetna Aetna is one of the nation's leading diversified health care benefits companies, serving approximately 29.8 million people 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 and disability plans, and medical management capabilities. Our customers include employer groups employer group Association of employers Managed care An entity with a current group benefits agreement in effect with a health plan to provide covered health care services to its employee-subscribers and eligible dependents. , individuals, college students, part-time and hourly workers, health plans and government-sponsored plans. www.aetna.com NOTE: The Aetna Health Living rewards credit card is a personal credit card for which the Aetna member is personally liable. Neither Aetna nor the Aetna member's health plan sponsor (if applicable) is responsible for satisfying any credit incurred by the Aetna member with the card. In addition, the card is not issued solely because the individual is an Aetna member. The Aetna member must apply to Bank of America for the card and the card will only be issued to the Aetna member to the extent that the member satisfies Bank of America's standard credit approval requirements. Moreover, Bank of America has no access to the Aetna member's health plan information. |
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