Aetna (NYSE: AET)
announced that a firm calling itself Aetna Healthcare Networks is
not an affiliated company, and is fraudulently using the Aetna name,
logo and information in its marketing materials to sell health policies
in India. The Insurance Regulatory and Development Authority (IRDA) in
India has also issued a notice warning people not to do business with
the Bangaluru firm.
The IRDA notice reads, in part, “…It has come to the notice of the IRDA
that a company by the name and style of ‘Aetna Healthcare Networks
(India),’ claiming to be a unit of ‘Aetna Inc., 151 Farmington
Avenue, Hart Ford CT 06156, USA,’ is selling health insurance and
collecting money from the applicants subscribing to the same…The general
public is hereby cautioned not to deal with or to purchase or subscribe
to any of the plans stated to provide medicare health cover and/or life
insurance benefit of the said company or through any person claiming to
be its Agent/Advisor/Representative.”
Sandip Patel, Aetna’s head of International business, said, “If a
business owner or individual purchased a health plan that was
represented as a plan from Aetna in India, it is not an Aetna health
plan. We have reached out to the Indian authorities and the Insurance
Regulatory and Development Authority. We will also pursue appropriate
legal actions against the fraudulent entity.”
Patel added, “While Aetna does not currently sell health plans in
India, our International business is constantly evaluating new markets
and opportunities for entry.”
Aetna Global Benefits, which provides comprehensive health benefits and
health management solutions worldwide, does have expatriate members in
India whose employers are based in other countries.
As always, Aetna members who have questions should call the toll-free
telephone number on the back of their Aetna identification card. For
those who may be unsure and want to confirm if they have a valid Aetna
health plan, please call the Aetna Global Benefits International Service
Center at 1-800-231-7729 (toll-free) or 1-813-775-0190 (collect).
About Aetna Global Benefits
Aetna Global Benefits, the international business segment of Aetna, is
committed to helping create a stronger, healthier global community by
delivering comprehensive health benefits and health management solutions
worldwide. AGB's expatriate business is one of the industry's largest
and most prominent U.S.-based international health benefits providers,
supporting more than 400,000 members worldwide. Our expatriate offerings
include medical, dental, vision, life, disability and emergency
assistance. The organisation's health management business collaborates
with health care systems, government entities and plan sponsors around
the world to design and build locally-applied health management
solutions to improve health, quality and cost outcomes.
About Aetna
Aetna is a leading global diversified health care benefits company
headquartered in the U.S., serving approximately 36.1 million people
with information and resources to help them make better informed
decisions about their health care. Aetna offers a broad range of
traditional and consumer-directed health insurance products and related
services, including medical, pharmacy, dental, behavioural health, group
life and disability plans, and medical management capabilities and
health care management services for Medicaid plans. Our customers
include employer groups, individuals, college students, part-time and
hourly workers, health plans, governmental units, government-sponsored
plans, labour groups and expatriates. For more information, see www.aetna.com.
