Aetna News

Aetna, Humana, Cigna Accused of Bias Against AIDS Patients in Florida

Advocates for people with HIV and AIDS charged that insurers including Aetna Inc., Humana Inc. and Cigna Corp. have discriminated against Obamacare patients in Florida infected with the virus. The Tampa-based AIDS Institute and the National Health Law Program, an …

Aetna Completes Acquisition of UK-Based InterGlobal

Aetna announced that it has completed its acquisition of United Kingdom-based InterGlobal from a group led by its majority shareholder Alchemy Partners. The bulletin noted that “InterGlobal specializes in international private medical insurance for groups and individuals in the Middle …

Start-Up Health Insurance Co-Ops Vow to Compete with Commercial Insurers

They have rented offices and zero customers. All their capital is borrowed. They’re trying to sign the kind of expensive, chronically ill individuals that insurers have avoided for decades. In three weeks they face mighty competitors with a hundred times …

Iowa Health Insurance Exchange Price Info Delayed

Iowa’s insurance commissioner says he needs a commitment from a national insurer before he can release pricing information on policies to be sold on the state’s new health insurance exchange. The prices were scheduled to be released next week, but …

Health Insurers Cautious About Joining State Health Exchanges

The nation’s largest health insurers are far from leaping at the chance to join new state health insurance exchanges under President Barack Obama’s reform law, making it likely that some markets will have little or no competition next year. These …

Insurance Agent Takes Stand on Gay Marriage in Supreme Court Case

Today David Kosar can be considered one of the nation’s most outspoken insurance agents on the issue of gay marriage. Kosar, owner of David Kosar Insurance Agency-American Family in Everett, Wash., has joined an amicus brief filed by 278 businesses, cities …

Aetna to Pay $1.5M in Settlement with Missouri

Missouri insurance regulators said that insurer Aetna agreed to pay a $1.5 million penalty to settle allegations that the company violated requirements for health coverage of autism, contraception and abortions. The state insurance agency said Aetna sometimes provided coverage for …

Fund Manager’s Bet on Insurer Coventry Could Pay Off Big

Several big name hedge fund managers opened sizable stakes in health care insurance companies during the second quarter, and David Einhorn’s bet on Coventry Health Care Inc. may already be paying huge dividends for the closely watched investor. On Monday …

Aetna to Buy Rival Coventry Health for $5.6 Billion

Health insurer Aetna Inc. said on Monday that it would buy rival Coventry Health Care Inc. for $5.6 billion to increase its share of the fast-growing, U.S. government-backed Medicare and Medicaid programs. The purchase, which will add more than 5 …

Healthcare Individual Mandate Too Weak to Matter, Aetna CEO Says

Wall Street’s concern about the U.S. Supreme Court’s looming decision on President Obama’s healthcare overhaul is overblown because the provision at the heart of the law already has little teeth, the top executive at Aetna Inc. said. The court in …