Aetna launches deductible-free plan: 5 notes

Aetna has launched SimplePay Health, a health plan with no deductibles and exact costs for covered services. 

The plan is available for self-insured Aetna clients, according to an Oct. 15 news release. 

Here are 5 things to know: 

  1. SimplePay provides members with an exact cost for every covered medical and pharmacy service. Members pay a copay for every service until they reach the out-of-pocket maximum. 

  2. Members receive a monthly statement with all of their medical and pharmacy claims from the previous month. The statement is similar to a credit card statement, according to Aetna, but has no interest. 

  3. No payment is due at the time of provider visit or prescription pickup. 

  4. Around 40% of employers offer low or no-deductible plans, according to Mercer's "Health and Benefit Strategies for 2024" report.

  5. Other insurers have introduced no-deductible plans. UnitedHealthcare's Surest plan, which has no deductible, is its fastest-growing commercial product.  Health Care Service Corp., which operates Blue Cross Blue Shield plans in five states, will introduce a plan with upfront out-of-pocket costs and no deductible in December.
Subscribe to the following topics: aetnasimplepay healthdeductiblescovered servicesself-insured

Copyright © 2025 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.


You can unsubscribe from these communications at any time. For more information, please review our Privacy Policy.
 

Articles We Think You'll Like