Business Insurance

Login  |  Register Subscribe



Aetna Subscribe to RSS feed for 'Aetna'

Aetna says Coventry purchase boosted second-quarter profit

Published July 29, 2014 - 9:39am CST

(Reuters) — Aetna Inc., the third-largest U.S. health insurer, reported a higher second-quarter profit that beat analyst expectations, helped by last year's acquisition of Medicare and Medicaid provider Coventry Health Care.

At least 80% of exchange customers making payments, insurers tell Congress

By: Paul Demko, Modern Healthcare

Published May 08, 2014 - 9:21am CST

At least 80% of exchange customers are making their initial premium payments, according to three major insurers that testified before a congressional hearing Wednesday.

Aetna quarterly profit beats forecasts as new members surge

Published April 24, 2014 - 11:03am CST

(Reuters) — Aetna Inc. on Thursday reported a better-than-expected first quarter, helped by a surge in profits from its commercial business and by adding new customers.

Coventry acquisition helps Aetna report increased revenue and profit

By: Matt Dunning

Published March 30, 2014 - 6:00am CST

Propelled largely by its successful acquisition of Coventry Health Care Inc., Hartford, Conn.-based Aetna Inc. posted the strongest 2013 performance among the five largest publicly traded U.S. health insurers.

Private health insurance exchanges give employers options

By: Matt Dunning

Published March 28, 2014 - 6:00am CST

Many private health insurance exchanges have launched in the wake of health care reform, giving employers an array of options as they restructure benefits programs.

Aetna rejects $120M out-of-network settlement

Published March 14, 2014 - 1:08pm CST

(Reuters) — Aetna Inc., the third-largest U.S. health insurer, said on Friday it would not proceed with a proposed $120 million settlement with health care providers and plan members over out-of-network reimbursements.

Aetna profit rises; company forecasts more Medicare customers in 2014

Published February 06, 2014 - 12:05pm CST

(Reuters) — Aetna Inc., the third-largest U.S. health insurer, on Thursday said fourth-quarter profit rose due to the acquisition of Coventry Health Care Inc., and it forecast an increase in medical customers in its private Medicare business in 2014.

Keeping bare-bones health plans won't cause exchange 'death spiral': Study

By: Beth Kutscher, Modern Healthcare

Published January 21, 2014 - 8:58am CST

Ever since the online health insurance exchanges went live, insurance executives have been wringing their hands over whether enough younger, healthier individuals will enroll to dilute the risk pool.

Aetna third-quarter profit misses analysts' estimates

Published October 29, 2013 - 8:38am CST

(Reuters) — Aetna Inc. on Tuesday reported a lower-than-expected profit for the third quarter, when cuts in U.S. government funding hurt results in the health insurer's private Medicare business.

Benefit firms create tremors for insurers in U.S. health care shakeup

Published September 23, 2013 - 9:09am CST

(Reuters) — American companies are sending shockwaves through the health care industry by moving a rapidly growing number of employees onto privately run online exchanges for their medical coverage.

Aon Hewitt health insurance exchange enrollment to soar in 2014

By: Jerry Geisel

Published September 18, 2013 - 10:51am CST

The number of employers participating in a health insurance exchange that Aon Hewitt launched earlier this year will leap six-fold in 2014, while the number of employee enrollees will triple.

Aetna profit beats expectations as costs stay low

Published July 30, 2013 - 8:15am CST

(Reuters) — Health insurer Aetna Inc. on Tuesday reported higher-than-expected second-quarter earnings as medical costs in its employer-based and commercial business remained low and it closed on its acquisition of Coventry Health Care.

New health care model cut even more costs in second year: Insurer

Published June 06, 2013 - 12:00pm CST

(Reuters) — The nation's largest experiment in delivering medical care in an innovative way has reduced costs and improved the quality of care even more in its second year than in its first, according to the insurance company behind it.

Link social media strategy to business goals: ACORD speaker

By: Bill Kenealy

Published May 08, 2013 - 9:40am CST

LAS VEGAS — Organizations need to link social media strategies directly to defined business goals and embrace the technology at the highest organizational levels, author and social media expert Charlene Li said Tuesday at the ACORD LOMA Forum at the MGM Grand Resort in Las Vegas.

Aetna said lower costs, higher premiums boosted profit

Published April 30, 2013 - 9:45am CST

(Reuters) — Aetna Inc. on Tuesday reported a first-quarter profit that beat analyst expectations as customers used medical services lightly and revenue in the health insurer's Medicare and Medicaid businesses rose 7% due to higher premiums.

Mercer benefits insurance exchange adds insurers

By: Jerry Geisel

Published April 25, 2013 - 11:45am CST

Several major providers of dental, vision, life, disability and other types of benefit coverage are joining a private exchange that Mercer L.L.C. is launching.

Mercer announces health insurers to join exchange

By: Jerry Geisel

Published April 15, 2013 - 2:13pm CST

Major health insurers that include Aetna Inc., Anthem Blue Cross and Blue Shield, Cigna Corp. and UnitedHealthcare Inc. will provide coverage in a private health insurance exchange that Mercer L.L.C. is launching.

Studies show CDHPs control medical costs better than HMOs, PPOs

By: Matt Dunning

Published February 22, 2013 - 10:29am CST

Studies conducted by two of the largest U.S.-based health insurers indicate that employers sponsoring consumer-directed health plans have been substantially more successful in controlling costs than traditional HMO and PPO plans.

Aetna profit falls on costs and legal settlement

Published January 31, 2013 - 9:00am CST

(Reuters) — Aetna Inc. said on Thursday that fourth-quarter earnings fell sharply, as costs rose in parts of its employer-based insurance business and it took charges for settling litigation over payment practices for out-of-network care.

Aetna reaches $120M settlement over reimbursements

Published December 07, 2012 - 12:30pm CST

(Reuters) — Aetna Inc., the third-largest U.S. health insurer, has agreed to pay as much as $120 million to settle nationwide litigation over how it reimburses members for out-of-network medical services.

Aetna says DOJ asked for more information on Coventry buy

Published November 09, 2012 - 9:00am CST

(Reuters) — Aetna Inc., which in August agreed to buy smaller Coventry Health Care Inc. for $5.6 billion, on Friday said antitrust regulators have asked the companies for more information related to their review of the deal.

Aetna raises 2012 outlook after profit beats estimates

Published October 25, 2012 - 3:00pm CST

(Reuters) — Aetna Inc. reported a higher-than-expected quarterly profit on Thursday, saying it had reached its 2012 membership goal ahead of schedule, held down costs with doctors and benefited from higher medical insurance premiums.

Aetna teams with Broadspire, ESIS, Gallagher Bassett to integrate claims filing

By: Roberto Ceniceros

Published October 08, 2012 - 1:38pm CST

Aetna Inc. announced Monday that it has teamed up with three workers compensation third-party administrators to integrate the filing of non-occupation disability and workers comp claims.

Aetna to pay $1.5M in penalties for Mo. health insurance law violations

By: Matt Dunning

Published September 28, 2012 - 11:48am CST

Aetna Inc. will pay more than $1.5 million in penalties for violating Missouri health insurance laws, including provisions restricting coverage for elective abortions and requiring insurers to notify customers of their right to refuse contraception coverage on religious grounds.

Aetna's Coventry integration

Published August 23, 2012 - 4:55pm CST

By now it's practically old news that Aetna purchased Coventry Health Care, which is widely recognized in the workers compensation industry for providing managed care services.

More »