Aetna

Categories: News | Companies
    • Stock symbol: NYSE: AET
    • Annual revenue (2007): $27.6 billion US
    • Year Established: 1853 (Incorporated)
    • Industry: Health Care Plans
    • HMO Phone: 800-435-8742
    • PPO Phone: 866-565-1236
    • HQ: Hartford, CT, Connecticut
    • President: Mark T. Bertolini
    • CEO: Ronald A. Williams
    • Staff: 36,208Hartford Courant: Aetna To Lay Off 1,000 (December 17, 2008)
    • 1,000 jobs to be cut in 2009Hartford Courant: Aetna To Lay Off 1,000 (December 17, 2008)
    • Other key people: Meg McCarthy and William H. Donaldson
    • Products: Health Care Plans
    • Fortune 100 company
  • Aetna, a Fortune 100 company incorporated in 1853, is a health care plan provider based out of Hartford, Connecticut. They offer a wide range of health care products and services. On December 17, 2008, the company announced it is laying off 1,000 employees to reduce costs. That is less than 3% of the company's total number of employees. Aetna cited the downturn in the economy and its effect on insurance enrollments nation-wide as part of the impetus for the cost-cutting measure.Hartford Courant: Aetna To Lay Off 1,000 (December 17, 2008)
  • Key Dates

    1. 1850: Issued first life insurance policy
    2. 1853: Annuity department separates from Aetna Insurance and is incorporated as Aetna Life Insurance Company
    3. 1867: Issued first life insurance policy
    4. 1960: Expanded into Canada
    5. 1968: Bought into Producer's and Citizen's Cooperative Assurance Company
    6. 1998: Bought NYLCare Health Plans
    7. 2000: Sold their financial services and international businesses to ING

  • Product List

    Their products and services include medical, pharmacy, dental, behavioral health, group life, long-term care, and disability plans, along with medical management capabilities.

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