Aetna International has announced the launch a new product aimed at helping non-US headquartered companies that currently have, or are planning on hiring, US citizens.
Named Access US, the ACA-compliant product is, says Aetna, designed for organisations with 50 or more employees worldwide. The group plan can be implemented if a company has at least two employees based in the US.
The plan will allow companies to place their US employees under a single group plan with a simple composite rate structure. There are nine plans available for companies with between two and 20 US employees, while those with over 20 US employees have a number of bespoke customisation options. All policy plans will include international cover, as well as US benefits. The product is being delivered in partnership with Total Benefit Solutions.
“Access US has simplified a previously complex and costly problem; that of non-US companies providing standardised, yet comprehensive, international health insurance to their American employees based in the US,” said Damian Lenihan, executive director of distribution at Aetna International. “A number of our broker-partners have proposed Access US to their clients and are seeing an encouraging take-up.”