Aetna Awarded Medicare Advantage Contract by Teacher Retirement System of Texas
Aetna (NYSE: AET) has been awarded the Medicare Advantage contract by the Teacher Retirement System of Texas (TRS), effective January 1, 2013. Aetna currently administers the fund's group retiree plan, TRS-Care, which covers more than 226,000 retired public school employees and their dependents.
As part of its ongoing relationship with TRS, Aetna will enroll eligible TRS-Care participants in an Aetna Medicare Advantage plan designed to provide enhanced benefits at a lower cost than their current benefits arrangement.
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