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Aetna and Humana are similar in many regards such as the types of health plans they offer and how they allow customers to manage their policies but consumers may ultimately find it more convenient to buy Aetna insurance since the company has a significantly larger network.
Aetna attempted to buy a formidable rival, Humana, instead of competing independently to win customers. Millions of consumers have benefited from competition between Aetna and Humana, and will continue to benefit because of today’s decision to block this merger.
HARTFORD, Conn. – Aetna (NYSE: AET) and Humana (NYSE: HUM) have mutually ended their merger agreement following a ruling from the United States District Court for the District of Columbia granting a United States Department of Justice request to enjoin the merger.
$61.85 to $153.89/month in prescriptions. Sells its own insurance. Customer service available 7 days a week. "A+” rating from the BBB. Aetna stands out for its Medicare Advantage Plans by offering comprehensive coverage.
Aetna and Humana are both major providers of Medicare Advantage insurance plans. Our review outlines how these companies compare across a variety of metrics, such as Medicare plan quality, availability, costs and more.
The biggest difference between Humana and Aetna Medicare Advantage plans is that Humana offers Private-Fee-For-Service (PFFS) plans and Special Needs Plans (SNPs) for people with eligible chronic conditions.
Aetna will pay $37 billion cash and stock to acquire Humana, the companies announced on July 3, in what will be the biggest health insurance merger to ever hit the industry. “The acquisition of Humana aligns two great companies,” said Aetna chairman and CEO Mark Bertolini.
Get to know your Medicare plan or explore plans with added benefits and services for you. Get helpful guidance to understand your health plan or find quality coverage for you and your family. Join the Aetna network, so together we can give patients access to the most trusted, highest-quality care.
Humana says shareholders at a special meeting overwhelming approved the company’s takeover by fellow insurer Aetna. The Louisville, Kentucky-based company said Monday that more than 99 percent of shares voted at the meeting were in favor the deal, which was announced in July.
Aetna will acquire Humana in a $37 billion deal, the companies announced Friday morning, becoming the first mega-insurers to pull the trigger amid months of merger rumors.