Keyword: aetna

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  • Getting Set To Pick Up The Pieces Of ObamaCare’s Collapse

    04/21/2016 7:05:26 AM PDT · by MarvinStinson · 18 replies
    New York Post ^ | April 19, 201 | Betsy McCaughey
    ObamaCare’s collapsing. UnitedHealth announced it will abandon most ObamaCare markets. Giant insurers like Aetna and the BlueCross Blue Shield Association are next. They warned last week losses trying to sell ObamaCare plans are “unsustainable” and they’ll either stop selling the plans or significantly raise premiums. Even Hillary Clinton’s campaign admits the cost of ObamaCare is “crushing.” Six years of ObamaCare have taught the nation lessons that Republicans should not ignore. Keep it short: Don’t give us another 2,572-page “comprehensive” health bill that lawmakers vote on without reading. What Congress passes, Congress must live by: Under Obamacare, members of Congress and...
  • Licking Wounds, Insurers Accelerate Moves To Limit Health-Law Enrollment

    02/04/2016 2:30:57 PM PST · by Oldeconomybuyer · 9 replies
    Kaiser Health News ^ | February 4, 2016 | By Jay Hancock
    Stung by losses under the federal health law, major insurers are seeking to sharply limit how policies are sold to individuals in ways that consumer advocates say seem to discriminate against the sickest and could hold down future enrollment. In recent days Anthem, Aetna and Cigna, all among the top five health insurers, told brokers they will stop paying them sales commissions to sign up most customers who qualify for new coverage outside the normal enrollment period, according to the companies and broker documents. Last year, these "special enrollment" clients were much more expensive than expected because lax enforcement allowed...
  • Anthem to acquire CIGNA, leaving only 3 big health insurance companies

    07/24/2015 7:50:29 AM PDT · by SeekAndFind · 30 replies
    CNN Money ^ | 07/24/2015 | Aaron Smith
    In another merger of health insurance giants, Anthem has agreed to acquire Cigna in a $54 billion deal. Anthem (ANTM), a Blue Cross and Blue Shield insurer, said it would buy all of Cigna's (CI)shares in a cash and stock transaction. The deal is expected to close in the second half of 2016, if it passes state regulatory approvals and other requirements. The merged insurer would cover 53 million members. The merger would leave only three major players in the insurance industry. Earlier this month, Aetna (AET) struck a deal to buy Humana (HUM) for $37 billion, which would cover...
  • Health insurer Anthem to buy Cigna in $54.2 bln deal [Bernie Sanders approves]

    07/24/2015 3:52:55 AM PDT · by markomalley · 12 replies
    CNBC ^ | 6/24/15
    Anthem said on Friday it would buy Cigna in a deal valued at $54.2 billion, creating the largest U.S. health insurer. Cigna shareholders will get $103.40 per share in cash and 0.5152 Anthem shares. The deal comes three weeks after Aetna struck a deal to buy Humana for $37 billion and is part of an industry-wide consolidation of the health insurance industry following the roll-out of the Obama government's health-care reform law.
  • In letter to employees, Humana CEO promises some jobs to remain in Louisville

    07/03/2015 1:07:17 PM PDT · by Republican Wildcat · 15 replies
    WDRB News ^ | 07/03/2015
    OUISVILLE, Ky. (WDRB) -- WDRB News has obtained an e-mail message that was distributed to Humana employees this morning, after news of a proposed sale of Humana to Aetna became public. The e-mail was from Bruce Broussard, the president and CEO of Humana. The text of that e-mail is reproduced below: (Click HERE to also view a FAQ that was distributed to stakeholders.) A Message from Bruce Broussard Today marks an important and exciting day in our company’s history. We have just announced that Aetna and Humana will merge to create a new healthcare organization. While there are many reasons...
  • MCCONNELL: Proposed sale of Humana the result of 'Obamacare'

    07/03/2015 12:57:00 PM PDT · by Republican Wildcat · 40 replies
    WDRB News ^ | July 3, 2015
    LOUISVILLE, Ky. (WDRB) -- U.S. Senator Mitch McConnell issued a statement Friday morning, saying he predicted the "type of consolidation" exhibited by the proposed sale of Humana to Aetna and pointed to the Affordable Care Act as the root cause. McConnell's statement reads as follows: "For more than 30 years, Humana has been a cornerstone of economic growth and a great philanthropic partner in our community. This morning’s announcement, as I predicted during the debate five years ago, is the inevitable result of Obamacare’s push toward consolidation as doctors, hospitals, and insurers merge in response to an ever-growing government."
  • Aetna to acquire Humana for $37 billion [Obamacare Moves Closer to Full Blown Fascism]

    07/03/2015 4:40:45 AM PDT · by SoFloFreeper · 50 replies
    WDRB-TV ^ | 7/3/15 | Dalton Main
    Aetna has reached a $37 billion deal to buy Humana. A news release from the two companies says Aetna will acquire all outstanding shares of Humana for a combination of cash and stock valued at approximately $230 per share. The deal was unanimously approved by the board of directors....
  • The Supreme Court’s Obamacare Decision Is Already Worth $3 Billion For Insurers

    06/25/2015 12:26:55 PM PDT · by Citizen Zed · 13 replies
    FiveThirtyEight ^ | 6-25-2015 | LEAH LIBRESCO
    The five largest publicly traded health insurance companies (UnitedHealth, Anthem,1 Aetna, Humana and Cigna) — all of which were party to an amicus brief in support of the subsidies filed by America’s Health Insurance Plans, a trade group for insurance companies — rose an average of 1 percent over their opening prices by 11 a.m. Thursday. The bounce started at approximately 10:10 a.m., right when SCOTUSblog first announced the Supreme Court’s decision. All five companies. That rise amounted to a $3 billion increase in the combined market capitalization of the five companies.
  • The Hartford Way: Keep Raising Taxes In Connecticut

    06/06/2015 7:47:18 AM PDT · by Hojczyk · 17 replies
    IBD ^ | June 5,2015 | EDITORIAL
    So now several of the largest corporations in the state, including Yankee mainstays such as insurance giants Aetna and Travelers, as well as General Electric, are threatening to leave and get out of this abusive relationship. GE's CEO Jeff Immelt told his thousands of Connecticut-based employees that he has put together a team to evaluate a move to another state with "a more pro-business environment." He says the company's state taxes have increased five times since 2011 and the new hike would impose "significant and retroactive tax increases for businesses." Aetna complained that it already pays $65 million a year...
  • Government Workers’ Insurance Plans Cover Sex Change Surgery

    11/08/2014 9:21:21 PM PST · by Olog-hai · 13 replies
    Newsmax ^ | Saturday, 08 Nov 2014 11:08 AM | Sandy Fitzgerald
    Government employees who receive their health insurance coverage through Aetna will be eligible for sex-change operations next year, the company has announced. […] “Aetna has long been supportive of the LGBT (lesbian, gay, bisexual and transgender) community,” the company said last month. Aetna is among the first carriers in the federal insurance program that offers coverage for the surgeries. In addition, Kaiser, which enrolled some 240,000 federal workers last year, and the Foreign Service Benefit plan, covering members of the American Foreign Service Protective Association, also cover transgender services. …
  • Aetna: Actual ObamaCare enrollment turning out way lower than the White House said

    08/13/2014 5:09:43 PM PDT · by Kaslin · 27 replies
    Cain ^ | August 12, 2014 | Dan Calabrese
    And they should know because they're the ones not collecting the premiums.Much of the left has been trying its best to push the notion that "ObamaCare is working," largely based on the announced enrollment total of anywhere from 8 million to 10 million that has come out of the White House. Since this was more than the 7 million they originally said they needed to make the system viable, viola . . . success!One problem: They counted everyone who enrolled, without regard to whether enrollees ever paid a premium. If you don't pay the premium, you're not insured and you're...
  • Doctor’s ‘I will not comply’ Obamacare break-up letter getting incredible praise from her peers

    02/02/2014 3:17:02 PM PST · by 2ndDivisionVet · 149 replies
    BizPac Review ^ | February 2, 2014 | Joe Saunders
    A Texas ophthalmologist and co-founder of AmericanDoctors4Truth tore down the curtain on Obamacare last week, describing President Obama’s “signature” legislative achievement for the con game of forced labor that it really is. When she wrote to the Aetna insurance company canceling her participation in its offerings, Dr. Kristin Held of San Antonio was informed she is contractually bound to care for the company’s patients for another year — as though Obamacare not only re-configured the American health care system, it repealed the 13th Amendment at the same time. In her letter dated Jan. 30, the long-time and vocal opponent of...
  • I Will Not Implement, Comply . . . (MD letter to Aetna)

    02/02/2014 2:48:14 AM PST · by saywhatagain · 38 replies
    Kris Held MD wordpress ^ | January 30, 2014 | Kris Held MD
    Dear Mr. Bertolini, With a deep sense of sadness, I must inform you that I will no longer serve as a physician for Aetna patients under the terms of our contractual agreement, which you most recently unilaterally changed. I have been privileged and honored to care for thousands of patients covered by Aetna policies since the 1990’s. I have devoted my life to providing the very best, state-of-the-art care to these individuals. We have formed a patient-doctor relationship, which I hope many will chose to continue in spite of my severing ties with Aetna. You see, health insurance has evolved...
  • Aetna could be forced out of Obamacare: CEO (cause it's not attracting the uninsured)

    01/24/2014 7:39:18 AM PST · by Zakeet · 20 replies
    CNBC ^ | January 22, 2014 | Matthew J. Belvedere
    Aetna CEO Mark Bertolini told CNBC on Wednesday that Obamacare has failed to attract the uninsured, and he offered a scenario in which the insurance company could be forced to pull out of program. The company will be submitting Obamacare rates for 2015 on May 15. "Are they going to be double-digit [increases] or are we going to get beat up because they're double-digit or are we just going to have to pull out of the program?" Bertolini asked in a "Squawk Box" interview from the World Economic Forum in Davos, Switzerland. "Those questions can't be answered until we see...
  • Aetna CEO: We May Just Have to Pull Out of Obamacare

    01/22/2014 10:35:29 AM PST · by jazusamo · 47 replies
    PJ Media ^ | January 22, 2014 | Bryan Preston
    The Obama administration claims that its Obamacare sign-up numbers aren’t that far off from where they need to be. They have a vested interest in selling the program as a success, and have proven themselves dishonest about it from the beginning. Obama knew that his “if you like your healthcare, you can keep your healthcare” promise was bogus the entire time. The CEO of Aetna insurance, Mark Bertolini, has a different take on the president’s signature healthcare law. Aetna CEO Mark Bertolini told CNBC on Wednesday that Obamacare has failed to attract the uninsured, and he offered a scenario in...
  • Canceled In California: People Eye Health Plans Off Exchange

    12/07/2013 8:22:40 AM PST · by 2ndDivisionVet · 16 replies
    National Public Radio ^ | December 6, 2013 | Lisa Aliferis
    Some Californians whose policies have been canceled are finding relief in a surprising place: from insurance companies that aren't offering plans on the new Covered California marketplace. Earlier this year, Aetna announced it would bow out of the state's individual market, effective Dec. 31. Cigna is staying, but isn't offering any products on the exchange. Right now, both companies are accepting new customers into pre-Affordable Care Act plans. Aetna plans are available to Costco members only until Dec. 15. Cigna is offering pre-ACA plans through Dec. 23. Anne Gonzales, a Covered California spokeswoman, confirmed that a carrier not offering plans...
  • Aetna CEO: Why insurance will be costing more [Video; Minimum of 20% Increase!]

    10/29/2013 4:02:28 PM PDT · by SoFloFreeper · 9 replies
    CNBC ^ | 10/29/13 | Ismaela Best
    he fact that many current health-care plans do not offer all the benefits required under Obamacare means that many premiums are likely to jump dramatically, Aetna CEO Mark Bertolini told CNBC. Bertolini, appearing on Tuesday's "Closing Bell," said that most Americans with current plans are below the 60 percent essential Affordable Care Act benefit requirement, and individual plan participants will have to pay a minimum of a 20 percent increase to upgrade, he said.
  • 'So much wrong': Aetna CEO blasts Obamacare tech debacle

    10/15/2013 5:26:50 AM PDT · by don-o · 22 replies
    CNBC ^ | October 14, 2013 | Dan Mangan
    Aetna's CEO gave a harshly critical review Monday of the federal government's Obamacare marketplace, saying, "There's so much wrong, you just don't know what's broken until you get a lot more of it fixed." Asked on CNBC's "Squawk Box" if he knew that the rollout of would be problematic, the insurer's CEO, Mark Bertolini, said his giant company's role as an alpha tester for the system gave it a sense of how many problems the health insurance marketplace faced on the eve of its launch. "We were pretty nervous as we got further along," Bertolini said. "As they started...
  • Aetna pulls out of New Jersey's Obamacare exchange (Sixth one so far)

    09/15/2013 5:29:48 PM PDT · by 2ndDivisionVet · 14 replies
    CNN Money ^ | September 13, 2013 | Tami Luhby
    Aetna, one of the nation's largest health insurers, has pulled out of its sixth Obamacare insurance exchange. The company announced this week that it will not join the state-based exchange in New Jersey, as it reviews its participation in the Affordable Care Act. It will continue to serve employers and offer plans to individuals outside of the exchange in the Garden State, where it has 1.1 million customers...
  • Aetna pulls out of another Obamacare health exchange

    08/29/2013 5:37:56 PM PDT · by Oldeconomybuyer · 11 replies
    Reuters ^ | August 29, 2013 | By Caroline Humer
    Aetna Inc has decided not to sell insurance on New York's individual health insurance exchange, which is being created under President Barack Obama's healthcare reform law, the fifth state where it has reversed course in recent weeks. The third-largest U.S. health insurer has said it is seeking to limit its exposure to the risks of providing health plans to America's uninsured, but did not give details about its decision to pull out of specific markets. "We believe it is critical that our plans not only be competitive, but also financially viable, in order to meet the long-term needs of the...
  • Aetna pulls out of another Obamacare health exchange

    08/30/2013 5:20:13 AM PDT · by sheikdetailfeather · 10 replies
    Reuters ^ | 8-29-2013 | Caroline Humer
    (Reuters) - Aetna Inc has decided not to sell insurance on New York's individual health insurance exchange, which is being created under President Barack Obama's healthcare reform law, the fifth state where it has reversed course in recent weeks. The third-largest U.S. health insurer has said it is seeking to limit its exposure to the risks of providing health plans to America's uninsured, but did not give details about its decision to pull out of specific markets. "We believe it is critical that our plans not only be competitive, but also financially viable, in order to meet the long-term needs...
  • Aetna pulls out of New York health insurance exchange

    08/29/2013 8:58:23 AM PDT · by NormsRevenge · 17 replies
    Yahoo! News ^ | 8/29/13 | Reuters
    (Reuters) - Aetna Inc, the No. 3 U.S. health insurer, said on Thursday it has decided not to sell insurance on New York's individual health insurance exchange, part of the country's healthcare reform. New York is the fifth state where Aetna has pulled its application to sell the plans that go on sale on October 1 and into effect on January 1, 2014. It has also reversed course in Maryland, Ohio, Georgia, and Connecticut, where it is based.
  • Insurers flee States which will not permit them to make a profit. ObamaCare supporters stunned

    08/11/2013 8:53:50 AM PDT · by Oldpuppymax · 20 replies
    Coach is Right ^ | 8/11/13 | Doug Book
    “Looks like Obamacare is more “on track” than “train wreck,” gloated the experts on Barack Obama’s Think Progress website as they reported the Master’s healthcare scheme was literally forcing America’s insurers to lower their premiums. (1) The glad tidings arose back in May after Oregon providers Providence Health Plan and Family Care Health requested premium rate reductions from the state-run ObamaCare exchange. (Actually, the state just gets to PAY for the exchange. It’s RUN by Kathleen Sebelius at HHS.) Naturally this was big news for Affordable Care Act fans. After all, what could be better than private insurers wanting permission...
  • Blue Cross, Aetna, United, Humana Flee Obamacare Exchanges

    08/07/2013 2:41:24 PM PDT · by Olog-hai · 19 replies
    Cybercast News Service ^ | August 7, 2013 - 5:16 PM | Elizabeth Harrington
    Major health insurance companies—Blue Cross, Aetna, United, Humana—have fled the Obamacare health care exchanges in various states, which are scheduled to start on Oct. 1. Insurance companies like Aetna and United have said, “thanks, but no thanks” to the public health insurance marketplace set up under the Affordable Care Act (ACA), or Obamacare, which will facilitate government subsidies to individuals and small businesses to buy approved health plans to comply with the law. The ACA requires every American to have health insurance, or pay a penalty. Individuals who are not covered by their employer can enroll in the state or...
  • Maryland demands lower insurance rates; Aetna says sayonara to the state’s insurance exchange

    08/04/2013 12:00:16 PM PDT · by Hojczyk · 25 replies
    Hot Air ^ | AUG 4,2013 | ERIKA JOHNSEN
    For instance: Maryland would really very much appreciate it if the insurance companies operating in their state could offer rates that the state arbitrarily deems to be affordable and attractive offers, the better to lure potential participants into the state’s ObamaCare exchanges. Insurance companies, meanwhile, would really like it if they could avoid operating at a loss. It’s selfish, really. Aetna Inc pulled out of Maryland’s health insurance exchange being created under President Barack Obama’s healthcare reform law after the state pressed it to lower its proposed rates by up to 29 percent. … In an August 1 letter sent...
  • Obamacare: Costing 58,000 Californians Their Health Insurance

    07/15/2013 6:43:30 PM PDT · by EXCH54FE · 23 replies
    Freedom Outpost ^ | July 15, 2013 | Tim Brown
    Remember when Barack Obama stood before the American people and said “if you like your healthcare plan, you can keep your healthcare plan”? Well, like everything else that comes out of his mouth that was a lie. Fifty-eight thousand Californians are about to learn that the hard way. Apparently two of the companies that offer individual coverage in California have decided they are pulling out of the market next year, once the individual mandate takes effect. The Los Angeles Times reports: The nation’s largest health insurer, UnitedHealth Group Inc., is leaving California’s individual health insurance market, the second major company...
  • UnitedHealthcare to stop selling individual plans in Calif.

    07/03/2013 3:54:20 AM PDT · by tobyhill · 7 replies
    fox news ^ | 7/2/2013 | AP
    A second health insurer notified state regulators Tuesday that it will stop selling individual policies in California. UnitedHealthcare announced it will no longer offer individual insurance plans after the end of the year. It will focus instead on its core business of group plans for large and small employers. "Our individual business in California has always been relatively small and we currently serve less than 8,000 individual customers across the state," the company said in a statement. "Over the years, it has become more difficult to administer these plans in a cost-effective way for our members in California." ,,,, "While...
  • Aetna will exit California's individual health insurance market

    06/18/2013 2:47:00 PM PDT · by tobyhill · 16 replies
    la times ^ | 6/18/2013 | Chad Terhune
    Aetna Inc. said it would stop selling individual health insurance policies in California next month, and nearly 50,000 existing policyholders will have to find new coverage by January. The company's announcement Monday comes a month after it opted not to participate in California's new state-run insurance market for consumers, a key component of the new federal healthcare law. Aetna was a distant fourth in the state's individual health market with a 5.2% market share in 2011, according to Citigroup data. Anthem Blue Cross, Kaiser Permanente and Blue Shield of California dominate that business with a collective 87% market share in...
  • Aetna to exit California's individual insurance market

    06/15/2013 2:04:05 PM PDT · by mdittmar · 25 replies
    Reuters ^ | Jun 15,2013 | Reuters
    Aetna Inc (AET.N) said on Saturday it has notified California's insurance regulator that it plans to stop selling health policies to individual consumers in the state at the end of 2013. The company will continue to offer health insurance to employers and Medicare beneficiaries in California, as well as dental and life-insurance products, Aetna spokeswoman Anjie Coplin told Reuters. But people with individual health coverage with Aetna will have to find alternative coverage by year's end.Aetna had informed California Insurance Commissioner Dave Jones of its decision to exit the market, Coplin said, but it was still in the process of...
  • New Small Business Health Insurance Program Put on Hold

    04/08/2013 1:42:17 PM PDT · by haffast · 2 replies
    AllGov ^ | Monday, April 08, 2013 | Matt Bewig
    Under pressure from large health insurance companies, the Obama administration last week announced it would delay implementation of a key aspect of its signature health reform law that will provide affordable health insurance to small businesses and their employees. Although the federal and some state governments must still set up Small Business Health Options Program (SHOP) exchanges to allow small business employees access to lower rates, the SHOP exchanges will not be required to offer a choice of plans to individual employees by January 1, 2014, as the Affordable Care Act (ACA) had contemplated. That mandate will be pushed back...
  • Rate Shock Threatens Young Americans

    02/16/2013 8:28:53 AM PST · by eagleye85 · 27 replies
    Eagleye Blog ^ | February 16, 2013 | Bethany Stotts
    Young Americans are faced with joblessness, skyrocketing school loans, and burdensome entitlement programs. Now, health care prices will be rising considerably, threatening “rate shock” on America’s consumers. Aetna is “cautioning that premiums for plans sold to individuals could rise as much as 50 percent on average and could more than double for particular groups such as the young and healthy,” according to the Washington Post’s N.C. Aizenman. For Aizenman, the question is not whether these hikes are justified, but whether young consumers will skip health insurance entirely–and take the penalty instead. “Most of the new rules that could push up...
  • House Democrats File Brief Against DOMA

    11/03/2011 9:56:41 PM PDT · by neverdem · 13 replies · 1+ views
    Roll Call ^ | Nov. 3, 2011 | Jessica Brady
    House Democrats today filed a brief in support of a legal challenge to the Defense of Marriage Act, the 1996 law that defines marriage as between one man and one woman. The amicus brief filed by 133 Democrats, including the party’s top leaders, maintains that Congress hastily passed legislation during President Bill Clinton’s presidency to limit who can marry and asserts that the law is unconstitutional. The brief was filed in a consolidated court case being considered in the 1st U.S. Circuit Court of Appeals, although a release said House Minority Leader Nancy Pelosi (Calif.) and other top Democratic leaders...
  • Aetna latest out of Indiana individual health market

    08/04/2011 5:10:58 AM PDT · by John W · 24 replies ^ | August 3, 2011 | AP
    The nation's third-largest health insurance company is the latest to leave the individual policy market in Indiana. Aetna is leaving the Indiana individual market over a rule in the federal health care overhaul that insurers essentially must dedicate 80 percent of the premiums they collect to medical care. Anything less than 80 percent would be paid as rebates to policyholders the following year. Pekin, American Community Mutual, Cigna, and Guardian Life have already left.
  • Aetna to drop small groups in Colorado

    09/30/2010 9:01:43 AM PDT · by george76 · 31 replies
    The Denver Post ^ | 09/29/2010 | Michael Booth
    The insurance giant's decision affects 1,200 Colorado firms and 5,200 insured people. Aetna will stop selling new health insurance to small groups in Colorado and move companies that are existing clients off the plan in the next year, affecting 1,200 companies and 5,200 employees and their dependents. The state Division of Insurance confirmed Aetna's plans, although the insurance giant said it was not planning to notify policyholders until Friday. The Aetna move comes on the heels of major price hikes by Aetna and other health insurers in Colorado, as companies file with the state for rate-increase approvals. Health-insurance companies across...
  • Aetna CEO warns: Expect price hikes, bankruptcies, and policy changes

    03/29/2010 12:10:19 PM PDT · by RobinMasters · 41 replies · 2,431+ views
    Hot Air ^ | MARCH 28, 2010 | ED MORRISSEY
    “If you like your doctor, you can keep your doctor … If you like your coverage, you can keep your coverage.” Barack Obama repeatedly offered these promises to audiences across the US in campaigning for ObamaCare, but Ron Williams, CEO of Aetna, begs to differ. Williams provides health insurance to over 36 million people, and he has one message for Charlie Rose and the US — expect change: Will insurance premiums go up?The answer is yes, and some of the things that will drive those premiums are significant additional taxes the industry will ultimately have to pay in the first...
  • Top insurance exec: Your health premiums will go up, coverage will change under Obamacare

    03/29/2010 8:51:34 AM PDT · by rightwingintelligentsia · 31 replies · 1,997+ views
    Washington Examiner ^ | March 29, 2010 | Byron York
    Many, many times during the health care debate, President Obama promised the American people that if they have insurance and they are happy with it, then it would not change under the Democrats' national health care proposal. "Under the plan, if you like your current health insurance, nothing changes, except your costs will go down by as much as $2,500 per year," Obama promised on his transition website before assuming office. Once in the White House, he repeated that promise over and over and over. You didn't really believe that, did you? Good. To confirm your suspicions, read the new...
  • Aetna Foundation Announces Grants to Support Racial and Ethnic Equity in Health and Health Care

    02/25/2010 1:42:57 PM PST · by Blue Turtle · 16 replies · 275+ views
    HARTFORD, Conn., Feb 25, 2010 (BUSINESS WIRE) -- The Aetna Foundation today announced two grants totaling $250,000 as part of its continuing efforts to establish racial and ethnic equity in health and health care. The elimination of health and health care disparities is one of three primary focus areas of the Aetna Foundation's grant-making.
  • Aetna Commends U.S. Senate On Adoption Of Health Care Reform

    12/24/2009 11:17:43 AM PST · by Nachum · 27 replies · 785+ views
    Aetna ^ | 12./24/09 | Chairman and CEO Ron Williams
    Chairman and CEO Ron Williams calls expanding access essential, but not a complete victory if affordability for the average American is not addressed Hartford, Conn., December 24, 2009 — Aetna (NYSE: AET) today commended the U.S. Senate for taking action to significantly expand access to health care coverage for millions of Americans. While noting progress toward meaningful reform, Aetna Chairman and CEO Ronald A. Williams said that more needs to be done to deliver on the full promise of health care system reform. “Today, the Senate took an important step, but reform that doesn’t deal with affordability, tied to health...
  • Why Obamacare may be flatlining

    06/22/2009 2:51:49 PM PDT · by Schumpeter · 7 replies · 803+ views
    Reuters ^ | June 22, 2009 | James Pethokoukis
    “I need a crash cart, stat!” The political prospects for major U.S. healthcare reform have taken a decided turn for the worse in recent days (at least from the point of view of many Democrats). And you don’t need to be some totally plugged-in Washington insider to understand that. Just take a look-see at the stock market performance of industry players such as Aetna, Cigna, UnitedHealth Group, and WellPoint. Shares have been trending higher of late. What’s been slowly dawning on Wall Street is that the legislative process in Washington is unlikely to produce a national public health insurance option...
  • AETNA Insurance Will Cover Any Abortion, for Any Reason, Any Time During Pregnancy

    08/29/2007 4:19:44 PM PDT · by wagglebee · 28 replies · 1,884+ views
    LifeSiteNews ^ | 8/29/07 | John-Henry Westen
    HARTFORD, CT, August 29, 2007 ( - Fortune 100 company Aetna, one of the nation's largest health care insurance providers, has a surprising and little known policy. "Aetna will pay for a woman to receive an abortion for any reason at any time during her pregnancy.  Whether she is 6 weeks pregnant or 6 months pregnant, whether it is her first or her tenth abortion, the company imposes no restrictions whatsoever," according to Epiphany Funds a company which was invested with Aetna and is now aiming to have Aetna change its policy. See the Aetna policy on abortion here:
  • Who Else Should Pay Reparations?

    06/29/2005 7:48:18 AM PDT · by Valin · 32 replies · 1,172+ views
    The American Enterprise Online ^ | 6/29/05 | William Tucker
    News item: The Chicago City Council initiated efforts to cancel contracts with the Wachovia Savings Bank after the bank apologized for its ties with the slave trade. An investigation, required by the bank’s participation in a public housing project, revealed that of the more than a hundred banks North Carolina-based Wachovia has acquired, one of them once put hundreds of African-American slaves to work on railroads and another accepted slaves as collateral for loans that defaulted in the early 1800s. Members of the City Council are also discussing seeking reparations from the bank. An Address to the Chicago City Council...
  • National Treasures(Lieberman courted/rising Greenspan stock/Missing Republican/Pelosi’s Jim Wright)

    12/19/2004 10:39:17 PM PST · by nickcarraway · 8 replies · 556+ views
    The American Prowler ^ | 12/20/2004 | The Prowler
    OLD JOESen. Joe Lieberman has already turned down two jobs offered by President Bush, so why not go for a trifecta? Lieberman again tops a list of folks being considered for head of the new national intelligence directorate, a job that Lieberman might actually have to seriously consider. He smartly turned down the Homeland Security chief job, and the U.N. ambassadorship just wasn't big enough for him, even if he would have been given an opportunity to work on the Middle East peace process a bit. But Lieberman did take on a large role in shaping the national intelligence legislation,...
  • Aetna Profit, Outlook Up, Stock Rises

    07/29/2004 9:49:23 PM PDT · by BenLurkin · 1 replies · 216+ views
    Reuters) ^ | Thursday July 29, 1:24 pm ET | Reuters)
    CHICAGO (Reuters) - Health insurer Aetna Inc. (NYSE:AET - News) on Thursday said second-quarter profit rose on higher premiums and increased membership and it raised its outlook for the year, pushing its shares up more than 6 percent. The company, which has experienced a dramatic turnaround in the past few years after struggling in the 1990s, again raised its profit forecast for 2004. The Hartford, Connecticut-based insurer is also reversing a years-long membership slide, which knocked it down from its spot as the biggest managed health-care company. Aetna added 95,000 new members in the quarter, bringing its total enrollment to...
  • Descendants of slaves pursue lawsuit for reparations in Chicago

    01/03/2004 4:13:26 PM PST · by Land_of_Lincoln_John · 105 replies · 342+ views
    CBS 2 Chicago ^ | January 03, 2004 | Associated Press
    CHICAGO (AP) Almost 150 years after Andrew Jackson Hurdle was torn away from his family and put on the auction block as a 9-year-old slave, his daughter is seeking justice for him. Hannah Hurdle-Toomey, 71, of Belleville, signed on as one of two people from Illinois named in a class-action lawsuit seeking reparations from 19 companies that they say benefited from the slave trade. The other is Marcelle Porter, a 74-year-old Chicago woman who said her great-grandmother was a slave in North Carolina. A Jan. 26 hearing is scheduled in U.S. District Court in Chicago. Judge Charles Norgle could dismiss...
  • Companies Rated on Their GLBT Policies

    08/29/2003 4:31:48 PM PDT · by chance33_98 · 308+ views
    Companies Rated on Their GLBT Policies Tuesday, August 26, 2003 Twenty-one companies received a perfect score from the Human Rights Campaign for their treatment of gay, lesbian, bisexual and transgender employees and consumers, almost doubling the number of companies with the same distinction last year. "What we see this year is improvement in every category measured, from written nondiscrimination policies to domestic partner health insurance benefits and beyond. Corporate America continues to be a leader in the quest for GLBT civil rights," says HRC Education Director Kim I. Mills, who oversees HRC WorkNet, the organization's workplace project. "The bottom...