From PRNewswire.com
HARTFORD, Conn., and CHARLOTTE, N.C., Nov. 16 /PRNewswire/ -- Aetna
(NYSE: AET - News) and Bank of America (NYSE: BAC - News) have teamed up to develop the
Aetna Healthy Living(TM) credit card for Aetna's medical, dental, pharmacy and
behavioral health 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 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 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.
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 Bruce Hammonds, president, Bank of America Card Services, "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.