Financial Protection Goes the Whole Nine Yards with Group Accident Plans
*About 30 million children & teens in the U.S. participate in some type of
sport or recreational activity^1
*Over 3.5 million children and teens suffer a sport related injury annually
*Highest rate of injury occurs in sports involving contact and collisions^1
HARTFORD, Conn. -- November 08, 2012
Sports and recreational activities are a great way for children and teens to
stay active and build self-esteem. However, participating in a sport also
leaves kids and teens vulnerable to injuries. Aetna (NYSE: AET) Voluntary
Plans offer the Group Accident Plan to employers to help financially protect
their employees against a child’s unforeseen accident.
The Group Accident Plan makes cash payments directly to enrollees when they
incur accident-related medical expenses, such as treatment for a broken bone,
an ambulance ride, or outpatient physician treatment. Benefit checks can be
used to pay for anything, such as day care, medical plan deductibles, mortgage
payments or to make up for lost wages.
“Major medical insurance covers most medical expenses but not everyday costs.
Taking care of an injured child could require parents to take time off from
work and could affect household savings,” said Frank McCauley, head of Aetna’s
Consumer Segment. “Accident plans are designed to keep families financially
protected by helping to pay for unexpected medical bills, as well as everyday
expenses such as daycare, groceries and utility bills.”
According to the Medical University of South Carolina, each year approximately
775,000 children and teens are sent to the emergency room for sports related
injuries such as sprains, strains, fractures, growth plate breaks, and heat
stroke.^2 Aetna Voluntary Plans can help protect members and help them remain
financially healthy despite these types of unforeseen accidents.
For more information about Aetna Voluntary Plans, click here
1 “Sports Safety-Injury and Incidence Rates” Medical University of South
2 Child Sports Injuries and Their Prevention: A Guide for Parents with Ideas
for Kids: National Institute for Arthritis and Musculoskeletal and Skin
Diseases. July 2009
About the Group Accident Plan
The Group Accident Plan is insured by American Heritage Life Insurance
Company, a subsidiary of The Allstate Corporation. Accident benefits are
provided by policy form GVAP1 or state variations; benefit enhancement rider
provided by rider form GVAPBER or state variations. The Group Accident Plan
does not offer comprehensive benefits. It provides limited coverage and is not
intended to replace other health insurance coverage. Insurance plans contain
exclusions and limitations, and not all services are covered. See plan
documents for a complete description of benefits, exclusions, limitations and
conditions of coverage.
Aetna is one of the nation's leading diversified health care benefits
companies, serving approximately 36.7 million people with information and
resources to help them make better informed decisions about their health care.
Aetna offers a broad range of traditional, voluntary and consumer-directed
health insurance products and related services, including medical, pharmacy,
dental, behavioral health, group life and disability plans, and medical
management capabilities, Medicaid health care management services and health
information technology services. Our customers include employer groups,
individuals, college students, part-time and hourly workers, health plans,
health care providers, governmental units, government-sponsored plans, labor
groups and expatriates. For more information, see www.aetna.com.
Aetna is the brand name used for products and services provided by one or more
of the Aetna group of subsidiary companies, including Aetna Life Insurance
Company (Aetna) and its affiliates.
Katelyn Morgan, 860-273-1880
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