The group number is created when a company first signs up for insurance. For the third consecutive year, Aetna is selected by Fortune Magazine as the most admired company in the Health Care: Insurance and Managed Care category. Aetna President Morgan G. Bulkeley is elected governor of Connecticut. There are no current stakeholders of Aetna. Abbey Life was bought by ITT Hartford Life Insurance Company of Canada, which was later bought by AIG Life Life Insurance Company of Canada. We have combined our businesses to create one market-leading health care benefits company. Aetna is the direct descendant of Aetna (Fire) Insurance Company of Hartford, Connecticut. The "Aetna" name is retained to take advantage of the good reputation of the original Aetna. Aetna acquires Medicity, a health information exchange technology company headquartered in Salt Lake City. Most make only partial payments under the tenuous assertion that most of the damage in the city had been caused by the earthquake (for which fire insurers were not liable). The company cosponsors a series of National Geographic television specials, including Jacques Cousteau's undersea world and Miss Jane Goodall's chimpanzees. Answer YES if you get Aetna coverage through your job or your spouse’s job, or if you have an Aetna Medicare plan. 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. The new building serves as Aetna's home office for the next 42 years. In 1996, the company divested its property and casualty busines… See how Aetna is making a difference in people’s lives – in their homes, in their communities and in their world. Aetna issues its first farm mortgage loan. Aetna Life and Casualty Foundation, a vehicle for corporate giving, is formed. With its entry into accident coverage, Aetna took its first step in a 30-year transformation from a monoline insurer to a company that offered a variety of coverages. Aetna hires its first full-time employee, Thomas O. Enders. We’re working hard toward a single vision—to provide improved access to quality health care services for all Americans. While Aetna has a slightly lower overall score compared to other health insurers on Best Company, it has a high star-rating for the health insurance industry. Aetna acquires NYLCare Health Plans for $1.05 billion, adding 2.2 million members to Aetna U.S. Healthcare’s membership base. This rapid growth gave Aetna the financial stability to meet the stringent requirements placed on life companies in Massachusetts and New York. Aetna appoints E.E. 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. (1) Percentages are rounded to the nearest whole percent and are based on ownership of voting rights. 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. As the nation's industrial base grew more complex, and the Progressive social reform movement gained political momentum, Aetna responds by organizing an Accident and Liability department in 1902 to handle employers' liability and workmen's collective insurance. 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. Ellsworth, who later became the first U.S. Patent Commissioner, served as Aetna's president for two years until 1821, when he resigned, but he continued as a director for another 16 years. 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. The company begins offering automobile coverage. Aetna opens new facilities worth $200 million. Diversity & inclusion. 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. Karen Lynch (Photo: Aetna) CVS Health Corp. today completed its $78 billion acquisition of Aetna Inc. Aetna, a … The Department of Justice recently approved a $69 billion merger between retail pharmacy giant CVS Health and health insurer Aetna. VHA, with over 400 hospitals in 40 states, was the nation's largest not-for-profit multihospital organization. Everyone who has insurance through your company will have the same group number. Learn how to change your browser settings to enable Javascript. Ellsworth's brother, William Wolcott Ellsworth, also served as a director, as well as the company's first general counsel. 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. The name was inspired by an 11,000-foot volcano on the eastern shores of Sicily, Mt. (2) Aetna Health Holdings, LLC owns 56% directly and NYLCare Health Plans, Inc. owns 44% directly of Aetna Health Inc. (MD). The new product was offered only to people holding or purchasing an Aetna life or accident policy. Aetna also built into new policies an emphasis on consumer-oriented items, such as nonforfeiture clauses and paying policyholder dividends after the first year rather than the fifth, as was generally done. As a result, Aetna stated its intention to expand into related insurance fields in both national and international markets. The Hartford Civic Center, an Aetna realty development project, opens. Image of Aetna building from wikipedia. The event featured top professionals from Australia and the United States in a team format. It later added protection against damage to horse teams, flywheel breakage, auto collision coverage, plate glass and burglary insurance, and surety bonds. Aetna provides insurance coverage for the Manhattan Project, which produced the world's first atomic bomb. The San Francisco earthquake hammers the insurance industry. I often do insurance reviews with clients or, when a loved one dies, sit with families who try to figure out what insurance their loved ones had and what is still in force. Aetna and the Aetna Foundation announce more than $1.2 million in grants. Fortune Magazine lists Aetna as its fifth most-admired financial services company. 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. If you have Original Medicare and need to buy a prescription drug plan, both Aetna and Mutual of Omaha have two options and both offer home delivery. The company's first president is Eliphalet A. Bulkeley. Discover more about our organization. Learn about our internships and training programs. Aetna also created the position of chief mindfulness officer, a first for a company of Aetna’s size. Aetna Life bought Financial Life and Excelsior Life and then Maritime Life bought Aetna Life. New DOJ settlement notes. Founded in 1853, Aetna was organized as a life insurance company that later expanded into other lines of insurance coverage. Aetna was the first national health benefits company to follow the new mammogram screening guidelines issued by the American Cancer Society and the National Cancer Institute. Do you have Aetna insurance through an employer or are you a Medicare member? The company also helps fund the country's war effort by purchasing and selling millions of dollars of Liberty Bonds. Aetna begins using Hollerith (keypunch) machines for tabulating. Explore job opportunities in a variety of areas. Eliphalet A. Bulkeley dies; Thomas O. Enders becomes president. The United States enters World War I. Aetna uses its financial strength to provide insurance needed to bond contractors involved in government construction. 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