Chairman Mark T. Bertolini calls for addressing social determinants of health as Aetna launches the Healthiest Cities & Counties Challenge, encouraging select cities and counties to compete for $1.5 million by implementing key local health programs. The health business becomes Aetna U.S. Healthcare. Eliphalet A. Bulkeley stops a move to liquidate the company during an economic downturn. Aetna issues its first accident policy. Aetna will pay $37 billion cash and stock to acquire Humana, the companies announced on July 3, in what will be the biggest health insurance merger to ever hit the industry. Aetna provides group coverage to the United Nations. Under Bulkeley, Aetna experienced explosive growth. Aetna acquires the disability and leave management business of Broadspire, a leading provider of disability and casualty claims management services. Aetna unveils a refreshed brand promise as the company evolves from an insurance carrier to a health company. Aetna sponsors PBS' The American Experience television series. Links to various non-Aetna sites are provided for your convenience only. Aetna celebrates its centennial. Aetna is now a subsidiary company of CVS Health Corporation. Aetna bonds the construction of seven U.S. Navy aircraft carriers. This shift in strategy caught the industry by surprise. Aetna participates in the first Greater Hartford Community Chest fund-raising drive, starting its long tradition of giving. For other language services. Aetna employees survive the Depression in relatively good shape. With 43.3 million Americans carrying $1.26 trillion in student loan debt, Mark T. Bertolini expands the company’s social compact with employees by offering a new student loan repayment program that provides some financial relief for employees with student loan debt. While long rumored, news that CVS (CVS) was buying Aetna (AET) for $69 billion still managed to catch a lot of consumers off guard. Aetna is the first national, full-service health insurer to announce a health savings account (HSA) option. Morgan B. Brainard dies after 35 years at Aetna’s helm. As part of a goal to improve patient safety, Aetna adds a "never events" policy into its hospital contracts so that Aetna will no longer reimburse for serious, preventable medical errors. Aetna moves into its fourth office at 650 Main Street in Hartford, Connecticut. Ronald A. Williams becomes chairman, CEO and president of Aetna, succeeding John W. Rowe, MD, who retires. No. Morgan G. Bulkeley dies after 43 years as Aetna president. What possible interest could the owner of the … To mark the milestone, Aetna executives ring the Closing Bell at the New York Stock Exchange on June 16. “The acquisition of Humana aligns two … The company advertises on radio for the first time. Aetna and physicians begin a new era of cooperation by agreeing to streamline communications, reduce administrative complexity and improve the quality of the health care system, ending litigation between Aetna and 700,000 physicians and medical societies. CVS is buying health insurance giant Aetna, the companies announced Sunday. Do you have Aetna insurance through an employer or are you a Medicare member? Upon the philanthropic foundations that he laid, his successors were able to construct a company that was not only a progressive force in the community, but in the nation. Aetna orders its first computer, an IBM 650. To know more about managed health care, please refer to Your must-read guide to health insurance managed care plans. InterGlobal is now part of Aetna, one of the largest and most innovative providers of international medical insurance. Aetna acquires Schaller Anderson, a provider of health care management services for Medicaid plans, headquartered in Phoenix, AZ. Aetna re-evaluates its lines of business, basing its examination on the profitability of the market and the expertise and resources of the company. See how Aetna is making a difference in people’s lives – in their homes, in their communities and in their world. The company formally crafts an "Equal Opportunity" policy. Founded in 1853 in Hartford, CT, Aetna is committed to providing individuals, employers, health care professionals, producers and others with innovative benefits, products and services. Aetna Life and Casualty Foundation, a vehicle for corporate giving, is formed. Aetna hires its first full-time employee, Thomas O. Enders. Aetna also created the position of chief mindfulness officer, a first for a company of Aetna’s size. Here is a second way to get your membership information. She is the first woman to serve as president in the company’s 160-year history. Aetna appoints its first female officer, Dr. Marion Bills. Aetna also matches more than $230,000 in donations from associates. Aetna joins with Voluntary Hospitals of America to form Partners National Health Plans, an alternative delivery health care joint venture. VHA, with over 400 hospitals in 40 states, was the nation's largest not-for-profit multihospital organization. E.E. The birthday cake stands over 12 feet tall and weighs more than 200 pounds. The event featured top professionals from Australia and the United States in a team format. Learn more about private mode. But the devastation of the battlefields combined with a prosperous wartime economy sparked a surge in life insurance purchases. Aetna begins offering group disability policies. In 1998 it acquired USF&G, known formerly as United States Fidelity and Guaranty Company, an insurance company based in Baltimore, Maryland, for $3.9 billion in stock and assumed debt. The group number is created when a company first signs up for insurance. William H. Donaldson, an Aetna director since 1977 and a former chairman and CEO of the New York Stock Exchange, becomes Aetna chairman, CEO and president, replacing Richard L. Huber, who resigns. Hartford Life & Accident will reinsure Aetna's book of group life and disability insurance, which had premiums of an estimated $2 billion in 2016. Aetna launches an issues-oriented advertising campaign that increases the company's name recognition in a positive fashion without attempting to sell Aetna products. Ron Compton retires and is succeeded by Richard L. Huber, president and chief executive officer of Aetna Inc. since July 1997. Aetna bonds the construction of the National Archives Building in Washington, DC. Prescription Drug Plans. For language services, please call the number on your member ID card and request an operator. Ronald A. Williams, an executive from WellPoint, assumes the position of executive vice president and chief of Health Operations. Partners National Health Plans total membership tops 1 million. Aetna acquires United Kingdom-based InterGlobal Group, which specializes in international private medical insurance for groups and individuals in the Middle East, Asia, Africa and Europe. Ronald A. Williams is named president of Aetna, and he is elected to the Board of Directors. In collaboration with U.S. News & World Report, the Aetna Foundation unveils the inaugural Healthiest Communities rankings and platform evaluating nearly 3,000 communities nationwide across 10 categories. Aetna develops the first automobile simulator (the “Drivotrainer”) to teach high school students to drive. Yes Aetna acquires Prodigy Health Group, the nation’s largest independent third-party administrator of self-funded health care plans, headquartered in New York City. Do you have Aetna insurance through an employer or are you a Medicare member? Aetna begins offering participating life insurance policies, which paid dividends to policyholders just as the mutuals did, but gave Aetna the ability to better compete in the marketplace. His administration emphasized return on shareholders' equity as a key performance standard. Details: Just this Wednesday, CVS Health, which owns Aetna, the big insurer, posted much higher earnings. >, See where we’ve been, how far we’ve come and how we lead change, Read more about Coventry Health Care, Inc. acquisition, Learn more about Aetna's social compact with employees. The United States enters World War I. Aetna uses its financial strength to provide insurance needed to bond contractors involved in government construction. Cammack retires after being Aetna's chief actuary for more than 30 years, a senior officer in the casualty affiliates since 1927, and a member of the Board of Directors of three of the four Aetna companies. Aetna Life Insurance Company announces its intention to restructure its corporate framework into a holding company that would own all the stock of Aetna Life and its affiliated companies. Cammack to run the Group department. Aetna Inc. and its subsidiary companies are not responsible or liable for the content, accuracy, or privacy practices of linked sites, or for products or services described on these sites. Annual income tops $1 million. President Mark T. Bertolini is named CEO of Aetna, succeeding Ronald A. Williams, who remains as chairman until his retirement in April 2011. John H. Filer retires and is replaced by James T. Lynn, a former director of the Office of Management and Budget. The company cosponsors a series of National Geographic television specials, including Jacques Cousteau's undersea world and Miss Jane Goodall's chimpanzees. Mark T. Bertolini, Aetna's executive vice president and head of Business Operations, is named president of Aetna Inc., reporting to Chairman and CEO Ronald A. Williams. Karen Lynch is the president of the company’s Aetna business unit. For language services, please call the number on your member ID card and request an operator. Aetna Insurance Company organized an annuity fund to sell life insurance in 1850. Aetna radically alters its business practices and hires its first actuary. Star ratings on Best Company are from people who leave reviews on our site. The new building serves as Aetna's home office for the next 42 years. Aetna becomes the first insurer to advertise on television. Yes Learn how to change your browser settings to enable Javascript. The Aetna Foundation® launches a new funding initiative to fight the ongoing opioid epidemic in the U.S. and help communities and states that have been hit hard. Aetna history. September 23-24 ****: Aetna and the Aetna Foundation award $2.25 million in grants to address end-of-life care and depression. Aetna acquires Goodhealth Worldwide, a general underwriter for international private medical insurance, offering expatriate benefits around the world. Explore job opportunities in a variety of areas. >. Aetna Retirement Services purchases Financial Network Investment Company, a leading financial planning company. Olcott D. Smith retires and is replaced as CEO by John H. Filer, a Smith protégé and Aetna general counsel. See BBB rating, reviews, complaints, request a quote & more. Aetna sponsors the National Colorectal Cancer Research Alliance, which raises millions for colorectal cancer research and education. The Department of Justice recently approved a $69 billion merger between retail pharmacy giant CVS Health and health insurer Aetna. Several people insured by Aetna lose their lives on the Titanic. 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