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
- 1850: Issued first life insurance policy
- 1853: Annuity department separates from Aetna Insurance and is incorporated as Aetna Life Insurance Company
- 1867: Issued first life insurance policy
- 1960: Expanded into Canada
- 1968: Bought into Producer's and Citizen's Cooperative Assurance Company
- 1998: Bought NYLCare Health Plans
- 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.
