Total : 46 View more »
Still, operating earnings slipped 43 percent on lower commercial plan underwriting margins. A boost in premiums was not enough to offset a rise in medical costs. The managed care company said it earned $326.2 million, or 73 cents per share, up from $277.
Managed care company Aetna Inc. said Tuesday it has completed a $70 million acquisition of employee assistance program provider Horizon Behavioral Services LLC. Hartford, Conn.-based Aetna, which announced the deal in July, said Horizon will become part of Aetna Behavioral Health.
As the U.S. Senate 's finance committee began debate Tuesday on sweeping health care reform legislation, demonstrators around the country, including in Hartford, renewed a push for a public option plan they say is essential to true reform.
http://www.courant.com/business/hc-aetnaprotest0923.artsep23,0,2148016.story
Patients using a health insurer’s specialty pharmacy show nearly full medication adherence, according to a recent internal analysis.
Total : 97 View more »
Nov 05, 2009 (Close-Up Media via COMTEX) --
Psychiatric Solutions, Inc. has announced that it has completed the sale of its employee assistance program ("EAP") business to Aetna for approximately $70 million in cash.
PSI said that it intends to use the net proceeds from the sale to reduce its debt.
"Through this transaction, we have incrementally streamlined our operations and enhanced our focus on our core services of inpatient behavioral health," said Joey Jacobs, Chairman, President and Chief Executive Officer of PSI. "In applying the net proceeds from the sale to reduce our debt, we have also strengthened our ability to continue implementing our long-term strategies for organic growth and acquisition."
PSI offers a continuum of behavioral health programs to critically ill children, adolescents and adults and is an operator of owned or leased freestanding psychiatric inpatient facilities with over 11,000 beds in 32 states, Puerto Rico and the U.S. Virgin Islands.
((Comments on this story may be sent to health@closeupmedia.com))
Tags: acquisition business ceo children debt health president puerto rico virgin islands
Companies: Psychiatric Solutions Inc. (PSYS)
HARTFORD, Conn., Nov 05, 2009 (BUSINESS WIRE) --
Aetna (NYSE: AET) announced today that Joseph M. Zubretsky, executive vice president and chief financial officer, is scheduled to make a presentation at the Credit Suisse Healthcare Conference on Nov. 12, 2009, in Phoenix, AZ.
Aetna's presentation is scheduled to begin at 11:30 a.m. Eastern Time (9:30 a.m. Mountain Time). Investors, analysts and the general public are invited to listen to this presentation over the Internet via Aetna's Investor Information link at www.aetna.com/investor. To listen to this presentation live on the Internet, visit Aetna's web site prior to the presentation to download and install any necessary audio software. A webcast replay will be available via Aetna's Investor Information link at www.aetna.com/investor, beginning approximately two hours after the event, for 14 days.
Anyone listening to the presentation is encouraged to read Aetna's annual and quarterly reports filed with the Securities and Exchange Commission for a discussion of Aetna's historical results of operations and financial condition. Information reconciling certain financial and other measures that may be disclosed in the presentation to relevant GAAP measures will be available prior to the presentation via the Investor Information portion of Aetna's web site.
About Aetna
Aetna is one of the nation's leading diversified health care benefits companies, serving approximately 36.3 million people with information and resources to help them make better informed decisions about their health care. Aetna offers a broad range of traditional and consumer-directed health insurance products and related services, including medical, pharmacy, dental, behavioral health, group life and disability plans, and medical management capabilities and health care management services for Medicaid plans. Our customers include employer groups, individuals, college students, part-time and hourly workers, health plans, governmental units, government-sponsored plans, labor groups and expatriates. For more information, see www.aetna.com.
SOURCE: Aetna
Aetna Media Contact: Fred Laberge, 860-273-4788 labergear@aetna.com or Investor Contact: Kim Keck, 860-273-1327 keckka@aetna.com
Tags: college conference consumer dental executive gaap government health healthcare insurance labor medical nyse pharmacy president products software web
Companies: Aetna, Inc. (AET)
HARTFORD, Conn., Nov 04, 2009 (BUSINESS WIRE) --
Aetna (NYSE: AET) learned today that the U.S. Government Accountability Office (GAO) has sustained a protest by an unsuccessful bidder of the award to Aetna Government Health Plans of the Department of Defense's TRICARE North Region Managed Care Support contract. Based on procurement protocol, the Department of Defense will review the recommendations issued by the GAO and determine how to proceed with the procurement.
"Aetna Government Health Plans is extremely proud of the strong proposal we submitted to the Department of Defense," said Susan M. Peters, president of Aetna Government Health Plans. "We will continue to cooperate with the Department of Defense as it considers the GAO's recommendations. We stand ready to serve our nation's military personnel and their families in the North Region, and help them access the best possible health care."
Aetna was notified on July 13, 2009 that it had been awarded the TRICARE North Region Managed Care Support contract. The unsuccessful bidder protested the contract award on July 20, 2009.
About Aetna
Aetna is one of the nation's leading diversified health care benefits companies, serving approximately 36.3 million people with information and resources to help them make better informed decisions about their health care. Aetna offers a broad range of traditional and consumer-directed health insurance products and related services, including medical, pharmacy, dental, behavioral health, group life and disability plans, and medical management capabilities and health care management services for Medicaid plans. Our customers include employer groups, individuals, college students, part-time and hourly workers, health plans, governmental units, government-sponsored plans, labor groups and expatriates. For more information, see www.aetna.com.
SOURCE: Aetna
Aetna Media Contact: Fred Laberge, 860-273-4788 labergear@aetna.com or Investor Contact: Kim A Keck, CFA, 860-273-1327 keckka@aetna.com
Tags: college consumer contract defense dental government health insurance labor medical military nyse pharmacy president products protest
Companies: Aetna, Inc. (AET)
HARTFORD, Conn., Nov 03, 2009 (BUSINESS WIRE) --
Aetna (NYSE: AET) today announced that it has completed its acquisition of Horizon Behavioral Services, LLC, a leading provider of Employee Assistance Programs to many mid-sized and large employers.
The acquisition was announced on July 31. The business now will be part of Aetna Behavioral Health.
About Aetna
Aetna is one of the nation's leading diversified health care benefits companies, serving approximately 36.3 million people with information and resources to help them make better informed decisions about their health care. Aetna offers a broad range of traditional and consumer-directed health insurance products and related services, including medical, pharmacy, dental, behavioral health, group life and disability plans, and medical management capabilities and health care management services for Medicaid plans. Our customers include employer groups, individuals, college students, part-time and hourly workers, health plans, governmental units, government-sponsored plans, labor groups and expatriates. For more information, see www.aetna.com.
SOURCE: Aetna
Aetna Media Contact: Fred Laberge, 860-273-4788 labergear@Aetna.com or Aetna Investor Contact: Kim A. Keck, 860-273-1327 Keckka@Aetna.com
Tags: acquisition college consumer dental government health insurance labor medical nyse pharmacy products
Companies: Aetna, Inc. (AET)
Total : 4,524 View more »
In this day and age, when medical journals have come under fire for failing to disclose researchers’ conflicts of interest; hyping faulty studies; and publishing too many positive stories about drugs…it’s puzzling to see the latest edition of Health Affairs.
http://www.cjr.org/campaign_desk/a_dart_to_health_affairs.php
5/2/08: Small Group RAF Specialshave been updated. 2/27/08: CaliforniaChoice Small Group downloads has been updated.
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Total : 2,150,000 View more »
Aetna is a national leader of health and related benefits offering health insurance, pharmacy, dental, life, products for individuals, medicare insurance, disability and long-term ...
Aetna, Inc. (NYSE: AET) is an American diversified health insurance company, providing a range of traditional and consumer directed health care insurance products and related ...
Aetna, volcano: see Etna Etna or Aetna (both: ĕt`nə), volcano, 10,958 ft (3,340 m) high, on the east coast of Sicily, S Italy..... Click the link for more information., Italy.
http://encyclopedia2.thefreedictionary.com/Aetna+Incorporated
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http://www.jobster.com/find/US/jobs/for/company%3A%28Aetna+Life+Insurance+Company%29
The Limited Medical & Voluntary Benefits Conference Announces SRC, An Aetna Company as a Silver Spon. The Limited Medical & Voluntary Benefits Conference would like to announce SRC, An Aetna Company, as a Silver Sponsor of the 1st Limited Medical & Voluntary Benefits Conference on October 25th and
Raj Gupta, chairman and CEO of Rohm and Haas Company, has been elected to the board of trustees of The Conference Board, the global business research and membership organization. The role of the board of trustees is comparable to that of a board of directors in for-profit companies. Ronald A.
http://www.conference-board.org/utilities/pressDetail.cfm?press_ID=3557
Although APM primarily services Aetna’s medical membership, the business is realising expanded opportunities in all four areas of operation. Prior to joining Aetna in 2003, Mr Elliott was Senior Vice-president of CIGNA Pharmacy Management, with responsibility for sales, product and marketing.