Sutter Health/Aetna To Sell Independent Product In 2022

The California Department of Insurance (CDI) last week approved a Sutter Health/Aetna joint venture as a new independent insurer that will offer coverage to employers in 16 Northern California counties beginning in 2022. Sutter Health and Aetna have had a joint venture since 2017, and currently offer self-insured Exclusive Provider Organization (EPO) and Preferred Provider Organization (PPO) plans to employers in the area. While prior to the approval employers would have to select an Aetna plan that includes the Sutter...