Plain English Breakdown
The exact terms of health benefits and consequences of non-compliance by Aetna are not detailed in the provided official summary.
Health Benefits Emergency Declaration for Aetna
This resolution declares an emergency to allow the District of Columbia to enter into a multi-year contract with Aetna Life Insurance Company and Aetna Health, Inc., to provide health benefits in accordance with the rules of the D.C. Employees Health Benefits Program.
What This Bill Does
- Declares that there is an emergency situation requiring approval for a multi-year contract between the District of Columbia and Aetna.
- Allows the Office of Contracting and Procurement to enter into a $1,576,229,125.75 contract with Aetna over five years.
- States that this contract is necessary to provide health benefits in accordance with the rules of the D.C. Employees Health Benefits Program.
Who It Names or Affects
- District of Columbia employees, their dependents, and retirees who will receive health benefits through Aetna.
- Aetna Life Insurance Company & Aetna Health, Inc., which will provide these health benefits under the contract.
Terms To Know
- Emergency Declaration
- A statement that declares a situation to be an emergency and allows for special actions to address it.
- Multiyear Contract
- An agreement between two parties that lasts for more than one year, often several years.
Limits and Unknowns
- The resolution does not specify the exact terms of the health benefits provided by Aetna.
- It is unclear what would happen if Aetna fails to fulfill its obligations under the contract.