MCLEAN, Va.–(BUSINESS WIRE)– Innovation Health Insurance Company and Innovation Health Plan Inc. (“Innovation Health”), the result of a partnership between Aetna and Inova, have received approval from the Virginia Bureau of Insurance to begin offering health insurance and HMO plans to employer groups of two or more members.
Aetna and Inova announced their collaboration and the formation of Innovation Health in May 2012, joining forces in a new way to deliver and finance more affordable, quality health care for employers and residents in Northern Virginia.
“These plans offer superior health care advantages, including clinical integration and a unique payer/provider collaboration,” said Knox Singleton, CEO of Inova. “Coupled with a comprehensive network of community physicians, emphasis upon preventive care and, when required, treatment at the right facility at the right time, Northern Virginia consumers will enjoy lower costs and greater patient satisfaction.”
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