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Aetna is coming alive on a multitude of levels. Good plans, most markets pricing is extremely competitive.
In CO run a quote for mother and 4 kids and see who has the best rate in the state - it will be Aetna. Single + Child(ren) rates are unbelievable - so much so that my client thought I was doing a bait and switch.
Now lets pray they don't get "rated" or the client will revert to the bait and switch theory... I think it was a clean app - but it was over $200 less than UHC and others per month.
Aetna only counts and charges premium for the first 2 children. For a larger family, they would be nuts to look anywhere else. The plans they offer are the best on the market in CO this year. A lot of local brokers refused to offer Aetna because of the 15% - suckers! They were thinking about themselves rather than the client.
Another little Aetna tip: I enrolled a family of 3 (Mother (41), Father (43) and child (15)) each with an individual application for the MCOA 2500 plan. Total premium was $68/mth less than submitting an app for a family together. Aetna prices are based upon the age of the oldest applicant.
Sure, they take on an extra $5K in total risk (Aetna is max 2 on family plans), but I was moving them from a World policy that had $15K risk anyway. The extra monthly savings allowed them to add a $5K accident policy that covers the whole family. That was covered just by splitting them up into individual apps, they also saved over $90/mth changing carriers.
You should also split up submits that are simply parent/child and save premium dollars without adding any additional risk (for children 2 and older). The only drawback is that they will have 2 withdrawls each month on their bank statement. Not such a big deal given that they are saving money doing it this way.
Eg: 2008 rates - MCOA 2500: Father age 30 and 1 child age 5 - together = $247, split = $176. Same thing but with Mother age 30 - together $282, split = $211. It doesn't work this way if you are quoting an adult couple = same price.
Oh yeah - each individual application also counts toward yearly production and bonus programs. Definitely a win -win situation and legit.
Now try to get that type of advice going through EHealth!!!!!!!!!!
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