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First quarter cat bonds reach record of $1.70 billion issued

By: Matthew Lerner

Published April 15, 2015 - 12:15pm CST

First quarter issuance of catastrophe bonds reached a record $1.70 billion this year, according to a report from Aon Benfield, the company said in a statement Wednesday.

Aetna, Cigna balk as Angelina effect spurs genetic cancer testing

Published April 13, 2015 - 9:43am CST

(Reuters) — Medical researchers call it the "Angelina Effect," the surge in demand for genetic testing attributable to movie star Angelina Jolie's public crusade for more aggressive detection of hereditary breast and ovarian cancer.

Aetna hit with $1 million fine for bad information on pharmacy networks

By: Virgil Dickson, Modern Healthcare

Published April 07, 2015 - 10:49am CST

Aetna Inc. must pay the federal government $1 million because its websites and customer service agents allegedly relayed inaccurate information about which pharmacies were in-network for various Medicare Advantage and prescription drug plans.

UnitedHealth-Catamaran deal sets up healthcare M&A chessboard

Published March 30, 2015 - 9:40am CST

(Reuters) — UnitedHealth Group Inc.'s planned takeover of No. 4 U.S. pharmacy benefits provider Catamaran Corp. will give the companies added heft in price talks with drug companies, serving as a catalyst for deals allowing other insurers to bulk up.

Health insurers post strong results despite reform law distractions

By: Matt Dunning

Published March 29, 2015 - 6:00am CST

The nation's largest publicly held health insurers met or exceeded most analysts' expectations in 2014 despite the tumultuous rollout of public health insurance exchanges plus new fees and regulations under federal health care reform law.

Aetna customers gain access to metabolic syndrome prevention tool

By: Shelby Livingston

Published February 19, 2015 - 2:52pm CST

Toronto-based personalized health company Newtopia Inc. will begin offering a health engagement platform targeting the prevention and treatment of metabolic syndrome to health benefits provider Aetna Inc.’s corporate customers and their employees.

Health care reform costs, investments nick Aetna profit

By: Matt Dunning

Published February 03, 2015 - 3:19pm CST

Increased investment spending and health care reform costs reduced Aetna Inc.'s fourth-quarter profits by more than one-third in 2014 compared to prior-year results, even as the company's total revenue grew by 12.1%.

U.S. corporate health exchanges find no new blue chip clients

Published December 15, 2014 - 10:22am CST

(Reuters) — Companies in the health care sector have invested hundreds of millions of dollars to build exchanges that allow company employees to buy their own insurance, betting that Corporate America wants to get out of managing workers' health benefits.

Aetna says demand surging for individual ACA plans

Published December 12, 2014 - 3:58pm CST

(Reuters) — With the deadline approaching for individuals to renew healthcare plans purchased on HealthCare.gov, Aetna has begun to see a surge in customers for 2015, the insurer’s new president said on Thursday during a meeting with analysts and investors.

Aetna taps Karen Rohan as new president

By: Bob Herman, Modern Healthcare

Published December 02, 2014 - 1:09pm CST

Health insurer Aetna Inc. has promoted Karen Rohan to president, giving CEO Mark Bertolini a true second-in-command.

Aetna to form captive in Connecticut

By: Bill Kenealy

Published November 07, 2014 - 3:40pm CST

Hartford, Connecticut-based insurer Aetna Inc. confirmed on Friday that it is forming a captive insurance company, Aetna Risk Insurance Co., in its home state.

Benefits broker Terrill launches own health benefits exchange

By: Matt Dunning

Published November 05, 2014 - 3:22pm CST

J. W. Terrill Inc. has launched its own private health benefits exchange, the St. Louis-based insurance and benefits broker announced on Wednesday.

Aetna to acquire benefits consultant Bswift for $400M

By: Matt Dunning

Published November 03, 2014 - 2:26pm CST

Aetna Inc. announced on Monday that it will acquire Bswift L.L.C., a privately owned Chicago-based employee benefits consultant and technology provider, for approximately $400 million.

HCA to acquire urgent-care provider, sets share buyback

Published October 28, 2014 - 9:50am CST

(Reuters) — HCA Holdings Inc., the largest U.S. hospital operator, on Tuesday announced a deal to acquire a Dallas-based provider of urgent-care services and said its board authorized the repurchase of up to $1 billion of its outstanding shares.

Largest health insurers plan to increase public exchange participation

By: Matt Dunning

Published August 31, 2014 - 6:00am CST

Midway through the year, four of the five largest U.S. health insurers have signaled plans to increase their participation in public health insurance exchanges despite early profit declines and pricing uncertainty.

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.

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