Aetna Insurance Company organized an annuity fund to sell life insurance in 1850. In 1853, the Annuity department separates from Aetna Insurance and is incorporated as Aetna Life Insurance Company.
What does the term Aetna mean?
The proper noun Aetna
- (The Greek and Roman mythologies) According to folklore, a Sicilian nymph who gave her name to the volcano Mount Etna.
- (historical) An ancient city on the southern slope of Mount Etna at the foot of modern-day Sicily in Italy.
Is Aetna a US company?
This article pertains to the health insurance provider. Aetna may refer to: Aetna (disambiguation)
Type | Subsidiary |
---|---|
Industry | Managed health care |
Founded | May 28, 1853 ; 169 years ago (as Aetna Life Insurance Company) |
Founder | Eliphalet Adams Bulkeley |
Headquarters | Hartford, Connecticut, U.S. |
Area served | United States and expatriates |
Key people | Karen S. Lynch (CEO, CVS Health) Dan Finke (President, Health Care Benefits Segment (HCB), Aetna) |
Products | Health insurance |
Revenue | $60.6 billion (2018) |
Number of employees | 47,950 (2018) |
Parent | CVS Health (2018–present) |
Subsidiaries | Coventry Health Care Healthagen Active Health Management Aetna International First Health PPO Network Unite Health Care Ministries |
Website | www,aetna,com |
Footnotes / references |
The first stylised Aetna emblem Aetna Inc. () is an American managed health care company that provides traditional and consumer-directed health care insurance and related services, including medical, pharmaceutical, dental, behavioral health, long-term care, and disability plans, primarily through employer-paid (fully or partially) insurance and benefit programs, and through Medicare.
- The firm is a subsidiary of CVS Health as of November 28, 2018.
- The company’s network consists of 22,1 million medical members, 12,7 million dental members, 13,1 million pharmacy benefit management services members, 1.2 million health-care workers, more than 690,000 primary care physicians and specialists, and more than 5,700 hospitals.
Aetna is descended from Hartford, Connecticut’s Aetna (Fire) Insurance Company. The corporation is named after Mount Etna, the most active volcano in Europe at the time.