BNET Industries
Aetna Inc. (AET) is in the Health Care Industry
- Revenue
- Dec 31 2007
- $27.5B
- Profit
- Dec 31 2007
- $1.8B
- Market Cap
- May 09 2008
- $20.9B
Latest News and Analysis
Aetna's Ron Williams Speaks -- And Actually Says Something
This Fortune interview with Aetna CEO Ron Williams is a few days old, but as it just popped up in my RSS reader, it is, as they say, new to me. Since it's pretty rare to see someone like Williams candidly discuss the health-plan business, its problems and some intriguing...
Good News Not Totally Absent in Healthcare
Medical costs continue to rise much faster than general inflation, the insurance safety net is fraying as health plans and hospitals push the financial burden of being ill back onto the sick themselves, and even people who get their insurance through work have seen their premium contributions rise ten times...
Coventry Health Profit Up 3 Percent, Meets Estimates
By Lewis Krauskopf NEW YORK (Reuters) - Coventry Health Care Inc (CVH) posted a 3 percent first-quarter profit increase on Friday, matching Wall Street estimates, helped by higher membership, and the insurer backed its full-year forecast. Coventry shares rose more than 2 percent,...
Coventry Health Profit Up 3 Percent
NEW YORK (Reuters) - Insurer Coventry Health Care Inc (CVH) posted a 3 percent first-quarter profit increase on Friday, matching Wall Street estimates, helped by higher membership. The company forecast second-quarter earnings below analyst estimates but backed its full-year outlook, which...
Aetna Profit Meets Street
NEW YORK (Reuters) - Aetna Inc (AET) on Thursday posted first-quarter profit that met Wall Street expectations, helped by higher membership, and the health insurer backed its 2008 profit forecast. The No. 3 U.S. health insurer also raised its enrollment projection...
Health, Dental, Vision, Pharmacy, Life and Disability
In the world of small business, there's nothing more critical to one's company's success than the health and well-being of your employees. Aetna is committed to putting the member at the center of everything they do - with a new generation of consumer-friendly health care benefits and insurance and related...
From Managed Care to Consumer Health Insurance: The Fall and Rise of Aetna
This paper documents Aetna's fall as the nations largest managed care plan and its subsequent reemergence as a smaller but more profitable multiproduct insurer. The paper emphasizes the transformation in corporate goals, product design, organizational structure, information technology, product mix, premiums, cash flow, net income, and share prices. Disciplined underwriting...
Aetna: Corporate Governance Guidelines
This is basically a Corporate Governance Guideline of Atena. It discusses the Role of the Board of Directors. Besides this, Functioning of the Board has also been highlighted. This Corporate Governance also consists of Conduct and Ethics Standards, which the organization is following. To know more, refer to the article....
Case study: Health Insurance
An effort to bring the managed care industry to its knees failed last year when the U.S. Court of Appeals for the Third Circuit upheld the dismissal of a class-action lawsuit against Aetna, unanimously ruling that plaintiffs failed to allege actual injury to business or property. Aetna, the first of...
Additional Resources
Aetna Announces Appearance at 2008 Bank of America Health Care Conference
HARTFORD, Conn. -- Aetna (NYSE: AET) announced today that Joseph M. Zubretsky, executive vice president & CFO, is scheduled to make a presentation at the 2008 Bank of America Health Care Conference on May 14, 2008, in Las Vegas, NV. Aetna's presentation is scheduled to begin at 6:20...
The Institute for Healthcare Advancement Names Aetna Winner in 2008 Health Literacy Awards
-- Honor Recognizes Insurer's Asthma Health Literacy Study -- HARTFORD, Conn. -- Aetna (NYSE:AET) today announced that it has been named a winner in the seventh annual Health Literacy Awards, sponsored by the Institute for Healthcare Advancement (IHA), a non-profit health care organization that is a leader in...
Aetna's Dr. Karyn Wills Named to D.C.-Area Task Force to Raise Awareness of Stroke Risks
WASHINGTON -- Dr. Karyn Wills, an Aetna medical director for the Mid-Atlantic Region, has been named to the American Heart Association's Greater Washington Region Ambassador Task Force for the Power to End Stroke program. Dr. Wills will join other D.C.-area ambassadors to help provide leadership, education and mobilization...
Aetna Recognizes National Volunteer Week with Ongoing Commitment to Community Service
Aetna employees volunteered more than 295,000 hours in 2007 HARTFORD, Conn. -- Aetna (NYSE: AET) and the Aetna Foundation join in a nationwide recognition of National Volunteer Week, a special week that celebrates the spirit and service of volunteers throughout the country. Last year, Aetna's employees volunteered more...
Aetna Announces Appearance at 2008 Deutsche Bank Health Care Conference
HARTFORD, Conn. -- Aetna (NYSE: AET) announced today that Joseph M. Zubretsky, executive vice president & CFO, is scheduled to make a presentation at the 2008 Deutsche Bank Conference on May 7, 2008, in Boston, MA. Aetna's presentation is scheduled to begin at 8:50 a.m. EDT. Investors, analysts...
U.S. insurers agree to national principles for physician performance measures
Some of the largest health insurance plans in the United States, including Aetna, Cigna, UnitedHealthcare, and WellPoint, have agreed to adhere to a new patient charter endorsed by leading business, consumer, health insurance, and physician groups. The Patient Charter for Physician Performance Measurement, Reporting and Tiering Programs calls for a...
Aetna Releases 2007 Annual Report, 'The Difference We Make'
-- Calls on vendors and suppliers to reduce the number of uninsured by offering employees access to health benefits -- -- Urges other corporations to take a similar, proactive step -- HARTFORD, Conn. -- Fourth graph, third sentence should read: Our focus will be on helping...
Statement of Support: Aetna Commends Passage of Genetic Non-Discrimination Act
HARTFORD, Conn. -- Aetna (NYSE:AET) today announced its support of passage of the Genetic Information Nondiscrimination Act (GINA). Protecting the privacy of genetic information has been at the top of Aetna's agenda for the past six years. GINA is consistent with Aetna's commitment to providing members with access...
Aetna Study Finds That 86 Percent of Respondents Would "Always" Adhere to Their Medication If Enrolled in a Plan That Reduces or Waives Certain Co-Pays
HARTFORD, Conn. -- A recent survey from Aetna (NYSE:AET) found that 86 percent of consumers with a chronic condition would "always" adhere to their prescription medication if they were enrolled in a program that reduced or eliminated co-pays for filling prescriptions, seeing doctors, or getting recommended tests (like blood tests)....
Regence Foundation in Portland appoints Alexander, Porter
The Regence Foundation has appointed Mike Alexander as chair and Kieren Porter as president of its board of directors. Alexander is the vice president of account management for Regence, a Northwestern health insurer. He was previously the vice president of corporate public involvement for Aetna and executive...
Aetna Shareholder Meeting to Be Webcast
HARTFORD, Conn. -- Aetna's (NYSE: AET) Annual Meeting of Shareholders, to be held on Friday, May 30, 2008, at 9:30 a.m. Central time, will be available through a live audio Webcast that can be accessed through the Internet on the Investor Information link at www.aetna.com/investor. At the meeting,...
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- Incorporated: 1982
- CEO: Mr. Ronald A. Williams
Aetna is a health care benefits company. As of Dec 31 2007, Co. served about 36.7 million people with information and resources to help them make better informed decisions about their health care. Co. provides traditional and consumer-directed health insurance products and related services, including medical, pharmacy, dental, behavioral health, group life and disability plans and medical management capabilities. Co.'s customers include employer groups, individuals, college students, part-time and hourly workers, health plans, government-sponsored plans and expatriates. At such date, Co. operated through three business segments: Health Care, Group Insurance and Large Case Pensions.
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Aetna Inc. Company Info
Board of Directors
Mr. Ronald A. Williams
Chairman
Mrs. Ellen M. Hancock
Mr. Edward J. Ludwig
Dr. Joseph P. Newhouse Ph.D.
Mr. Frank M. Clark
Mrs. Betsy Z. Cohen
Dr. Molly J. Coye
Mr. Roger N. Farah
Ms. Barbara Hackman Franklin
Mr. Jeffrey E. Garten
Mr. Earl G. Graves Sr.
Mr. Gerald Greenwald
Contact Information
151 Farmington Avenue
Hartford, CT
860 273-0123