Arlington-based Texas Health Resources and Aetna are partnering to form a for-profit healthcare plan company, according to Star-Telegram.
Here are seven points:
1. Aetna and Texas Health will each own a 50 percent stake in the company.
2. The company will offer employers and consumers in 14 North Texas counties a new healthcare plan.
3. Some of Aetna's 700,000 commercial members in North Texas will move onto the newly offered healthcare plan. Aetna will offer other members plans that will include both options for its new healthcare plan as well as a broader network.
4. Aetna and Texas Health's new company is the first of its kind in the region. Aetna and Inova Health launched a company in 2013 that provided 189,000 northern Virginia residents integrated care and health plans, which yielded cost savings.
5. Through the new company, members will have better access to care, less variations in care and will help those with chronic conditions have better health options.
6. Aetna officials said the new company may result in lower premiums for its members while also streamlining the healthcare experience.
7. Texas Health and Aetna project their company will start offering policies by next January if they receive approval from the Texas Department of Justice.
"Working together, Aetna and Texas Health will help patients find the best approaches to health that lead to more comprehensive, coordinated and lower overall cost of care," said Michael Nelson, Aetna's market president for Texas. "This partnership was a natural evolution to address the needs of the Dallas-Fort Worth area in an evolving healthcare environment. Together, we believe this plan will provide a unique solution to consumers in the Dallas-Fort Worth Metroplex."
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