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2011: Aetna acquired Prodigy Health Group, parent of third-party administrator Meritain Health. [52] 2012: Aetna introduced a new company logo, designed by New York-based Siegel+Gale. [53] 2012: In June 2012, Aetna and Inova Health System announced a joint venture creating a new health insurance company, Innovation Health. [54] [55]
In 1820, there were 17 stock life insurance companies in the state of New York, many of which would subsequently fail. Between 1870 and 1872, 33 US life insurance companies failed, in part fueled by bad practices and incidents such as the Great Chicago Fire of 1871. 3,800 property-liability and 2,270 life insurance companies were operating in ...
Fidelis Care operates several government-sponsored health insurance programs, including Medicare, Medicaid and Child Health Plus, which was introduced in 1997. [7] [6] [8] The company also offers managed long-term care plans [9] and Qualified Health Plans on the NY State of Health Marketplace. [10] [11] [12]
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Since then, HEW, has been reorganized as the Department of Health and Human Services (HHS) in 1980. This consequently brought Medicare and Medicaid under the jurisdiction of the HHS. [8] In March 1977, the Health Care Financing Administration (HCFA) was established under HEW. [9] HCFA became responsible for the coordination of Medicare and ...
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In the United States, health insurance coverage is provided by several public and private sources. During 2019, the U.S. population was approximately 330 million, with 59 million people 65 years of age and over covered by the federal Medicare program.
A health insurance policy is a insurance contract between an insurance provider (e.g. an insurance company or a government) and an individual or his/her sponsor (that is an employer or a community organization).