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Important Small Group Updates from Aetna Funding Advantage

September 18, 2020/in Aetna, Aetna Funding Advantage, Carrier, Employee Benefits /by Cornerstone

New Plan Sponsor Campaign to Drive Aetna Funding Advantage (AFA) Benefits Engagement

Throught Aetna’s new plan sponsor engagement email campaign, your clients can easily educate their employees and share information with them about their AFA health benefits. The goal of the campaign is to drive engagement, raise awareness, increase product adoption and use, and strengthen the Aetna brand.

The campaign was launched at the beginning of September and will run through December. Three emails will be sent each month—near the beginning, middle, and end of the month. The topics include:

  • Week 1 each month – Aetna HealthSM website/app sign-up
  • Week 2.5 each month – Aetna value-add program engagement: Peerfit and EAP
  • Week 3.5 each month – Attain by Aetna® app sign-up/usage

Click here to view a sample plan sponsor email.

Simplifying 2020 Open Enrollment with New Fulfillment Vendor

The new commercial open enrollment portal is now live for ordering materials and kits through O’Neil Digital Solutions, Aetna’s new fulfillment supplier. The ONEkit portal is their exclusive resource to create dynamic open enrollment materials, which can be downloaded immediately and are free of charge. It also encourages using digital first, improves efficiencies, and supports the needs for customization. Aetna has integrated AetnaTrak and Communications Hub capabilities into this one-stop vendor solution—making it easier for you to help support your small group AFA clients’ open enrollments.

You can order enrollment kits and materials quickly and easily through Producer World. Prompts on the page will direct you, depending on whether you’re ordering materials for the first time or you’ve ordered in the past.

1095-B Tax Forms Update

One of the big perks of AFA plans is that Aetna helps with the preparation, filing, and delivery of 1095-B tax forms for members.

For this tax year, they will soon be processing the 1095-B forms for AFA groups with 5 to 50 employees, who have not opted out. Be on the lookout for more information coming soon.

Reminder: New Business AFA Submission Deadlines Through 2020 and Beginning of 2021

With Q4 2020 and Q1 2021 quickly approaching, please be sure to refer to the chart below for upcoming AFA effective dates’ submission deadlines:

Effective date

IMQ Elite
submitted

Underwriting
quote submitted

Sales notice
submitted

All required
documents
submitted

October 1 9/15/20 9/20/20 10/2/20 10/8/20
November 1 10/15/20 10/20/20 11/3/20 11/9/20
December 1 11/15/20 11/20/20 12/3/20 12/9/20
January 1 12/15/20 12/20/20 1/4/21 1/8/21
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