Aetna funding advantage, new business administrative free credit.
Starting with July 1 effective dates, your new business Aetna Funding Advantage (AFA) groups can get a one-time administrative fee credit of $45 per subscriber. Here are the details:
- The employer must offer at least one Aetna Whole Health medical plan-NJ. Actual enrollment in the Aetna Whole Health medical plan-NJ is not a requirement
- Available to new business New Jersey headquartered (5-100*) AFA plan sponsors
- Available for 7/1/19 through 12/1/19 effective dates
- If your group satisfies the above three items, the one-time administrative fee credit will be $45 Aetna enrolled subscriber
- Administrative fee credit applies to the second AFA bill. If the credit is larger than the group’s second month of administrative fees, we will credit the remaining amount to the third bill.
Cosmo Insurance Agency is an independent insurance agency serving surrounding communities in New Jersey. Cosmo keeps its promise to assure an efficient and creative approach to the services we offer. Each of our clients experience a personalized and long-term relationship with us. Our New Jersey based team of health brokers guides our clients in helping them choose the most cost-effective options. By incorporating the latest in technology-based tools and laws on healthcare, employee benefits, life insurance and finance, we keep our clients up-to-date with the plans that encompass all of their needs, whether it is individual or group insurance.
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