Aetna commits Rs.100Cr to the India market
Posted by: Clara Fernandes at 10/13/2016 05:12:00 am
~Launches Classic Family Consultation Membership for Rs.5880 with 1 year validity
~Membership aimed at reducing consumer healthcare cost by up to 50%
New Delhi, 13 October, 2016: Showcasing its deepening commitment to the Indian market, Aetna International, a Fortune 100 company, today announced fresh investment in their fully owned subsidiary –Indian Health Organisation (IHO). With a total aggregated investment of over Rs. 100 crores in India, Aetna International aims to increase access to quality healthcare by building new health and wellness solutions.
In pursuit of its vision to make quality healthcare affordable and accessible, the company launched a Classic Family Consultation membership. This comprehensive membership is designed to meet the day to day outpatient medical expenses. The membership offers unlimited tele-consultation with doctors, 10 FREE doctor consultation vouchers which can be utilised at top hospitals and clinics and 2 FREE comprehensive health check-ups. The membership also includes expert guidance on wellness and attractive discounts between 10 – 50% on medicines, diagnosis, further treatment and consultation. The membership is priced at Rs.5880 for one year for a family of four. Members will also benefit from Tax exemption under section 80D.
Making the announcement, Mr. Richard di Benedetto, President, Aetna International said, “India is a key market in our future growth strategy. The country has tremendous scope for growth in the healthcare sector. Affordability and accessibility are key challenges and our products and services are designed to help with this. I am confident that with our efforts and investments, we will bring healthier days to millions of members.”
Mr. Sneh Khemka, Managing Director, International Population Health solutions, Aetna International said on this occasion, “Product and services of the Indian Health organisation are aligned with our vision of becoming a healthcare partner for people around the globe. We help our members stay healthy at every stage of life. The company already serves just under 500,000 members. Fresh investments and the launch of this new product will increase our presence in India.”
Mr. Manasije Mishra, Managing Director, Indian Health Organisation said on this occasion, “Around 66 – 76% of the healthcare expenses of an Indian family are outpatient expenses related to consultation, medicines, diagnosis, preventive health check-ups and other minor treatments. We estimate that a family of 4-5members in a metro city spends between Rs. 25000 to 35000 per year. Our Classic Family Consultation membership should help reduce this by up to 50%.”
About Indian Health Organisation
Indian Health Organisation is one of India’s leading health care benefit company enabling people to effectively manage their health and lead a happy life. With an aim to make quality health care affordable and accessible, IHO’s discounted health membership provides access to quality preventive and health solutions. In India, IHO has the biggest outpatient network of high quality medical professionals spread across 38 cities. Indian Health Organisation is a subsidiary of Aetna INC, a Fortune 100 company headquartered in the United States.
Aetna is one of the leading diversified health care benefits company in the United States, serving an estimated 46.5 million people with information and resources to help them make better-informed decisions about their health.
About Aetna International
Aetna International is committed to helping create a stronger, healthier global community by delivering comprehensive healthcare benefits and population health solutions worldwide. Aetna International also offers customized technological and health management solutions for health care systems, government entities and large employers to improve public health, enhance quality of care and contain costs. For more information, see www.aetnainternational.com.