Participation rates for Aetna Funding Advantage (AFA) are going down from 50% to only 30% of full-time employees. Effective April 1, 2022, the lower participation rates apply to all states.
Even better, there’s a 2% savings on AFA medical premium when dental is purchased. There’s an additional one-half (0.5%) percent saving if vision is sold as well (must buy all 3 lines). AFA also comes with bundling discounts.
Aetna Funding Advantage is a self-funded product for small businesses. It offers a suite of health benefit plan options, robust health and wellness programs, digital benefits administration, and broad local networks. AFA comes with one stable monthly payment, the opportunity to get money back when claims are lower than expected, and stop-loss insurance protection when claims are higher than expected.
Reach out to your Amwins Connect Regional Sales Representative for more details.