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Aetna Inc. (/ ˈ ɛ t n ə / ET-nə) is an American managed health care company that sells traditional and consumer directed health care insurance and related services, such as medical, pharmaceutical, dental, behavioral health, long-term care, and disability plans, primarily through employer-paid (fully or partly) insurance and benefit programs, and through Medicare.
Aetna Inc. is an American managed health care company that sells traditional and consumer directed health care insurance and related services, such as medical, pharmaceutical, dental, behavioral health, long-term care, and disability plans, primarily through employer-paid (fully or partly) insurance and benefit programs, and through Medicare.
In 2015, she became the first female president of Aetna. She has held executive positions at Magellan Health Services and Cigna. In 2021, she became the highest-ranking female chief executive on the Fortune 500 list. [2] She is a member of the President's Export Council, The Business Council, and the Business Roundtable. [3] [4]
CVS Health is in talks to purchase Aetna, one of the five large publicly traded health-insurance companies, according to a new report.
In 1993, Humana founded Humana Military Healthcare Services (HMHS) as a wholly owned subsidiary. [5] They were awarded their first TRICARE contract in 1995, and began serving military beneficiaries in 1996. [32] From 2004 to 2009, HMHS was the managed care contractor for the Department of Defense Military Health System TRICARE South Region.
The DOJ in 2017 successfully stopped Anthem, now Elevance Health, from buying Cigna for $54 billion, and thwarted Aetna's plan to purchase rival Humana for $34 billion.
The business has been dealing with an increase in medical expenses for patients covered by its Aetna health insurance unit. A key ratio for investors is the medical benefits ratio (MBR), which ...
In May 2013, the company was acquired by Aetna for $5.7 billion. History. The company was founded in 1986 in Nashville by Phil Bredesen. [3]