Aetna

Aetna Inc.
Company typeSubsidiary
NYSE: AET (delisted)
IndustryManaged health care
FoundedMay 28, 1853; 171 years ago (1853-05-28) (as Aetna Life Insurance Company)
FounderEliphalet Adams Bulkeley
Headquarters151 Farmington Avenue
Hartford, Connecticut
06156
Area served
United States and expatriates
Key people
Karen S. Lynch (CEO, CVS Health)
Dan Finke
(president, Health Care Benefits Segment (HCB), Aetna)
ProductsHealth insurance
Revenue$60.6 billion (2018)[1]
Number of employees
47,950 (2018)
ParentCVS Health (2018–present)
Subsidiaries
Websitewww.aetna.com Edit this at Wikidata
Footnotes / references
[2][3]

Aetna Inc. (/ˈɛtnə/ 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. Since November 28, 2018, the company has been a subsidiary of CVS Health.[4]

The company's network includes 22.1 million medical members, 12.7 million dental members, 13.1 million pharmacy benefit management services members, 1.2 million health-care professionals, over 690,000 primary care doctors and specialists, and over 5,700 hospitals.[3]

Aetna is descended from Aetna (Fire) Insurance Company of Hartford, Connecticut.[5] The name of the company is based on Mount Etna, at the time the most active volcano in Europe.[6]

  1. ^ "Aetna (AET)". Forbes. Archived from the original on July 8, 2020. Retrieved July 7, 2020.
  2. ^ "Annual Report 2017 on SEC Filing Form 10-K". Aetna Inc. February 23, 2018. Retrieved March 10, 2018.[permanent dead link]
  3. ^ a b "Aetna Facts". Aetna. Archived from the original on October 6, 2022. Retrieved January 2, 2017.
  4. ^ LaVito, Angelica (November 28, 2018). "CVS creates new health-care giant as $69 billion merger with Aetna officially closes". CNBC. Archived from the original on September 1, 2022. Retrieved April 10, 2020.
  5. ^ Gall, Henry R.; William George Jordan (1919). One Hundred Years of Fire Insurance: Being A History Of The Aetna Insurance Company, Hartford, Connecticut, 1819–1919. Hartford, Connecticut: Aetna.
  6. ^ "History – About Us". Aetna. Archived from the original on December 8, 2006. Retrieved December 4, 2018.