Sep 13, 2023
New Over-the-Counter (OTC) Health Solution offering gives members up to $100 a year to shop CVS® retail wellness products
Aetna is committed to helping your customers’ bottom line, by helping their employees save money – and feel and work their best.
This new benefit is available to all members on:
- SG AFA plans with effective or renewal dates on or after 9/1/23.
- 51-100 Fully Insured plans in Florida, Kansas and Texas with effective or renewal dates on or after 10/1/23.
Eligible members will get up to a $100 yearly allowance to use on over-the-counter wellness items at CVS retail stores. It can be used in-store, online, or over the phone and includes hundreds of over-the-counter health and wellness items, from pain relievers and cold medicine to bandages and much more. Every 3 months*, members get $25 per person on their Aetna plan.
The benefits speak for themselves:
- Cost-effective - for every $1 spent on over-the-counter items saves the health care system an average of $7.33.**
- Good for business - providing an annual allowance plan can empower members to better manage their health with greater access to OTC medicines.***
- Convenient - 70% of people in the U.S. live within three miles of a CVS Health location. And our OTC allowance can be redeemed at any of them.
Contact your Amwins Connect Sales Representative for details.
* Allowance given quarterly: January 1–March 31; April 1–June 30; July 1–September 30; October 1–December 31. The allowance given does not roll over each quarter.
** Consumer Healthcare Products Association. White Paper: Value of OTC Medicines to the U.S. Healthcare System. Consumer Healthcare Products Association website. Published March 2019. Accessed July 20, 2023.
*** FSA/HSA Info Sheet and FAQs [news release]. GlaxoSmithKline. Accessed July 20, 2023.
