Aetna and United HealthCare Secure Military Contracts with Tri-Care
Posted Jul 14 2009 10:56pm
The competition for large employer insurance contracts continues, it appears the major players are working to attain not only large employer groups but also large government groups as well and some big losses for Humana and Health Net. Just yesterday, it was announced that Aetna won the contract for B of A. BD
NEW YORK -- The Pentagon said Monday it has awarded military health care contracts worth tens of billions of dollars to managed care providers Aetna Inc. and UnitedHealth Group Inc., deciding not to renew deals with current contractors Humana and Health Net after a more than year-long bidding process.
Tricare is the Defense Department's health care program for military members, their families and survivors.
Hartford, Conn.-based Aetna received the support contract for the northern U.S., and will provide health care and administrative services for about 2.8 million members of the military based in the 21 states in the region.