Aetna Inc.

aetna inc. - All News and Analysis

• Cigna to Cut 1,100 Jobs, Citing Weak Economy

  Reuters - 2009-01-05

  LOS ANGELES (Reuters) - Health insurer Cigna Corp CI said on Monday it will cut 1,100 jobs, or about 4 percent of its workforce, and consolidate certain operations as it copes with the economic downturn.As a result, the company said it expects to record after-tax restructuring charges of $30 million...

  Tags: CIGNA Corp., Job, Insurance Company, Health Care, Workforce, Recruitment & Selection, Aetna Inc., UnitedHealth Group Inc.

• The End-of-Year Health-Insurance/Hospital Follies

  BNET - 2008-12-31

  As 2008 drew to a close, health-insurance providers and hospital systems once more drew swords over who would manage to force the other to eat the lion's share of rising medical costs. Most such clashes take place in comfortable obscurity, but a few manage to break into the news --...

  Tags: Humana Inc., Aetna Inc., Health Care, USF, Healthcare, Vertical Industries, Benefits, Enterprise Software, Software, Human Resources, David P. Hamilton

• End-of-Year Hospital/Health Insurance Follies

  Seeking Alpha - 2008-12-31

  David Hamilton submits: As 2008 drew to a close, health-insurance providers and hospital systems once more drew swords over which could force the other to eat the lion’s share of rising medical costs. Most such clashes take place in comfortable obscurity, but a few manage to break into the...

  Tags: Healthcare, David Hamilton, Aetna Inc., Humana Inc.

• Aetna's Supposed Healthcare IT Prowess: The Bar is Set Awfully Low

  Seeking Alpha - 2008-12-24

  David Hamilton submits: A few weeks ago, I noted that Aetna AET is showing interesting — if still nascent — signs of transforming its business, in part due to its seemingly aggressive embrace of healthcare information technology. My BNET colleague Ken Terry echoed this theme when he recently pointed...

  Tags: Healthcare, David Hamilton, Aetna Inc.

• Aetna's Supposed Healthcare IT Prowess: A Double-Take

  BNET - 2008-12-23

  A few weeks ago, I noted that Aetna is showing interesting -- if still nascent -- signs of transforming its business, in part due to its seemingly aggressive embrace of healthcare information technology. My BNET colleague Ken Terry echoed this theme when he recently pointed out Aetna's sizable lead over...

  Tags: Double-Take, Aetna Inc., Health Care, Vertical Industries, Healthcare, Benefits, Strategy, Enterprise Software, Software, Human Resources, Management, David P. Hamilton

• Healthcare Roundup: Aetna Pink Slips, MCO Recession Forecast, OIG Investigations, and More

  BNET - 2008-12-18

  Aetna pink slips -- Just after predicting that its earnings per share would grow 3 to 5 percent in 2009, Aetna announced it was going to lay off 1,000 of its employees, or about 3 percent of its workforce. Ronald A. Williams, chairman and CEO of Aetna, said the layoffs...

  Tags: Hospital, Physician, Aetna Inc., Health Care, OIG, Healthcare, Vertical Industries, Benefits, Enterprise Software, Software, Human Resources, Ken Terry

• More Good News at Aetna; Is it Embracing Its Own Transformation?

  BNET - 2008-11-24

  Aetna CEO Ron Williams looked remarkably bullish last week as he outlined the company's prospects at a Reuters conference. Aetna is gaining market share while its competitors retrench, Williams said, despite the grim economy and the possibility that Washington may radically transform the health-insurance industry sometime next year. ...

  Tags: Aetna Inc., Vertical Industries, Benefits, Healthcare, Enterprise Software, Software, Human Resources, David P. Hamilton

• Health-Insurance Q3 Data Snapshot: Medical Costs

  BNET - 2008-11-10

  To see at a glance how WellPoint, UnitedHealth Group, Aetna and other health-insurance giants are faring, check out this summary table of trends in medical costs. by David P. Hamilton

  Tags: Cost, David P. Hamilton, Aetna Inc., Ratio, Healthcare, Vertical Industries, Benefits, Enterprise Software, Software, Human Resources

• Can Aetna Buck the Health-Insurance Headwinds?

  BNET - 2008-11-03

  No question, the health-insurance business is brutal these days. Weirdly, though, one insurer seems to be bucking several of the dismal underlying trends that are slowly but surely pulling the sector into the abyss. That company is Aetna. by David P. Hamilton

  Tags: Aetna Inc., Insurance, Business Operations, Corporate Insurance, David P. Hamilton, Health Care, Vertical Industries, Benefits, Healthcare, Enterprise Software, Software, Human Resources

• Healthcare Roundup: Aetna's Investment Hit, Hospital Closure Wave, Cigna's Posh New Plans, and More

  BNET - 2008-10-29

  Aetna takes an investment hit from financial crisis -- The health-insurance giant said it lost $120 million in its investment portfolio due to widening credit spreads on its fixed-income investments, and took another $70 million hit from its holdings of debt securities issued by the now-defunct Lehman Brothers and Washington...

  Tags: CIGNA Corp., Hospital, Financial, Investment, Aetna Inc., Health Care, Closure, Details, Healthcare, Vertical Industries, Benefits, Financial Accounting, Enterprise Software, Software, Human Resources, Finance, David P. Hamilton

• Aetna Inc. Q3 2008 Earnings Conference Call Transcript

  Seeking Alpha - 2008-10-29

  Question-and-Answer SessionThank you. We'll hear first from Charles Boorady with Citi. Charles Boorady - Citigroup Thanks. Good morning. My first question relates to current medical trends. I'm wondering if you can comment on the components recent medical trends, and why the slowdown that we've been hearing about from hospitals,...

  Tags: Trend, Call Transcript, Aetna Inc., Earnings, Citigroup Inc., Retiree Business, Healthcare, Financial Accounting, Finance, Seeking Alpha

• Earnings Preview: Aetna

  Seeking Alpha - 2008-10-28

  Aetna AET is expected to report Q3 earnings before market open Wednesday, October 29, with a conference call scheduled for 8:30 am. Guidance Analysts are looking for a profit of $1.12 on revenue of $7.92B. The consensus is $1.09 to $1.12 for EPS, and revenue of $7.74B to $8.11B, according...

  Tags: Revenue, Aetna Inc., Earnings, Seeking Alpha, Financial Accounting, Operational Accounting, Finance, theflyonthewall.com, Financial

• Aetna to Offer AARP-Branded 'Premier' Health Insurance Options to Baby Boomers and Their Families in Georgia

  - 2008-10-27

  ALPHARETTA, Ga. -- In an effort to help individuals "bridge the gap" between employer coverage and Medicare, Aetna (NYSE:AET) announced today that it has made the AARP([R]) Essential Premier Health Insurance suite of products available to AARP members ages 50-64 and their dependents in Georgia. These plans will be...

  Tags: AARP, Aetna Inc., Benefits, Georgia, HEALTHCARE, SOFTWARE

• Healthcare Roundup: Aetna-Microsoft Tie-Up, HCS Buys TMG Health, Navigenics Does Sequencing, and More

  BNET - 2008-10-22

  Aetna ties up with Microsoft online-health records -- The big health-insurance firm Aetna said it will start allowing many of its members to transfer medical records kept by the insurer to Microsoft's HealthVault, a portable online health-record system. The information in question includes claims, diagnoses, test results and prescriptions. [Source:...

  Tags: Aetna Inc., Health Care, Microsoft Corp., Vertical Industries, Healthcare, Benefits, Enterprise Software, Software, Human Resources, David P. Hamilton

• Major General Gale S. Pollock Joins Aetna's Military Health Care Advisory Committee

  - 2008-10-16

  HARTFORD, Conn. -- Aetna (NYSE: AET) today announced that Major General Gale S. Pollock Ret, the former Deputy Surgeon General of the U.S. Army and Chief of the U.S. Army Nurse Corps, has joined its Military Health Care Advisory Committee. Aetna created the committee last year to help guide its...

  Tags: Aetna Inc., Benefits, HEALTHCARE, SOFTWARE, U.S. Army

• Congress, Stakeholders Make History Achieving Mental Health Parity

  - 2008-10-03

  Aetna applauds landmark legislation passed as part of economic package HARTFORD, Conn. & WASHINGTON -- Aetna (NYSE: AET) applauds Members of the House and Senate for reaching a landmark agreement on mental health parity that is supported by medical professionals, consumer advocates, hospitals, employers, health plans - including Aetna...

  Tags: Aetna Inc., Benefits, HEALTHCARE, SOFTWARE, U.S. Congress

• Aetna Also Exposed to Lehman, AIG for $234M

  - 2008-09-25

  Aetna Also Exposed to Lehman, AIG for $234MRE: Aetna Also Exposed to Lehman, AIG for $234MA 2% loss might put a dent it the firm's earnings, but it's not financially underwater by any means. And, one should also note that the whole point of this government bailout is so that...

  Tags: Government, Vertical industries, Financial accounting, Lehman, American International Group Inc., Aetna Inc., bailout

• Aetna Also Exposed to Lehman, AIG for $234M

  BNET - 2008-09-24

  Among those fervently hoping that Washington can soon reach agreement on a financial-bailout package have to be large health-insurance companies. Late last week, Aetna became the latest health-insurance giant to disclose that it also has a substantial exposure to securities offered by the failed investment bank Lehman Brothers and the...

  Tags: Lehman Brothers Inc., American International Group Inc., Aetna Inc., Insurance, Strategy, Security, Business Operations, Corporate Insurance, Management, David P. Hamilton

• Aetna Vs. Health-Insurance Rescission?

  BNET - 2008-09-23

  Health-insurance companies have gotten kicked around pretty good for the seemingly common practice of "rescission" -- essentially the post-hoc cancellation of individual insurance policies, often enough after a health-plan member falls ill and begins to rack up some serious medical bills. Now Aetna, as part of its ongoing effort to...

  Tags: Aetna Inc., Vertical Industries, Benefits, Healthcare, Insurance, Financial Planning, Enterprise Software, Software, Human Resources, Business Operations, Corporate Insurance, Finance, David P. Hamilton

• The National Market Is Not the Savior of State Regulated Private Health Insurance

  Seeking Alpha - 2008-08-28

  Michael Steinberg submits: The Wall Street Journal “Ranks of Uninsured Fell in '07, Census Says” reports that the number of Americans without health insurance dropped to 45.7M in 2007 from 47M in 2006 due to an increase in government insured of 2.7M. Medicaid increased by 1.3M, Medicare by 1M and...

  Tags: Healthcare, Aetna Inc., Humana Inc., UnitedHealth Group Inc., WellPoint Inc.

• Incorporated: 1982
• CEO: Mr. Ronald A. Williams