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Press release from Business Wire

Aetna Names New Illinois Medicaid Plan CEO

Friday, December 14, 2012

Aetna Names New Illinois Medicaid Plan CEO10:01 EST Friday, December 14, 2012 CHICAGO (Business Wire) -- Aetna (NYSE: AET) today announced the selection of Sanjoy Musunuri as chief executive officer in Illinois for Aetna Better Health®, Aetna's Medicaid health plan. The plan, which has administered benefits for Medicaid enrollees in the Illinois Integrated Care Program for more than a year, recently was selected by the Illinois Department of Healthcare and Family Services (HFS) to participate in the state's Medicare Medicaid Alignment Initiative as well. Musunuri joins Aetna with more than 15 years of experience serving in executive leadership positions in health care management of programs including Medicaid, long-term care and benefits for individuals who are dually eligible for both Medicaid and Medicare. “Sanjoy brings strong leadership and experience to our Illinois plan,” said Erhardt Preitauer, a regional vice president for Aetna Medicaid. “Aetna Better Health is very committed to operating a strong Medicaid program in this core market and to our new project to integrate care for Chicagoans who are eligible for both Medicaid and Medicare.” With more than 25 years' experience providing health care solutions for the most medically vulnerable, Aetna Better Health has administered Medicaid benefits for Illinois residents enrolled in the Illinois Integrated Care Program, serving enrollees in suburban Cook, DuPage, Kane, Kankakee, Lake, and Will counties. Aetna currently has 500,000 commercial and 18,000 Medicaid members in the state. About Aetna Aetna is one of the nation's leading diversified health care benefits companies, serving approximately 37.3 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. AetnaScot Roskelley, 312-928-3034roskelleye@aetna.com