About Aetna USA
Aetna is 166 years old American managed health care company that deals with the health insurance department looking for dental, long-term care, medical, pharmaceutical, behavioral health, disability plans and employer-paid insurance with certain benefit programs.
At present, the company is under the ownership of parent organization CVS Health with 49,828 employees.
Its start and history
The company came into existence on 28th May 1853 in Hartford, Connecticut as Aetna Life Insurance Company but the actual story began in the past 1819 when the company was under president Henry Leavitt Ellsworth.
He served as president and director for the company until the Annuity department made the separation from Aetna Insurance with Eliphalet Bulkeley as its new president.
The company further worked on its policies and came up with life insurance policies for African-American slaves and mutual life insurance policies paying dividends to policyholders. Soon they achieved a 600% increase of business in 1864 with annual premium income above one
It was not only this they also went for offering a variety of coverage’s in the future including accidental, liability, automobile and group coverage to businesses.
They raised their business through advertisements on radio and television. In 1951, they introduced major medical coverage and acquired some international insurance arena like Canadian Life Insurer and Excelsior Life Insurance Company.
They in the future worked on expanding their business internationally with a diversified investment strategy but this strategy was abandoned in 1984 and they focused on joining Voluntary Hospitals of America to form Partners National Health Plans.
In 1996, the company merged with U.S. Healthcare starting as a health and financial services company. Moving on this path they acquired NYLCare Health Plans and Prudential HealthCare thus becoming the country’s largest provider of health benefits. At present, it is under CVS Health since 2018.
What do they offer in services?
They are active with 22.1 million medical members, 13.1 million pharmacy benefit management services members, 12.7 dental members, 5,700 hospitals, 1,200,000 health care professionals, over 690,000 specialists, and primary care doctors to offer every possible service a customer needs in the health plan.
They have come up with eHealth under which one gets to know plans from many insurance companies on a single platform. Some of their presently available plans include Aetna Medicine, this is for the customer who just turned 65 or is above that age followed by Aetna Medicaid and Student health. With all these, they are building a healthier world by making healthcare affordable and easy.
Why they are special?
They are employing such dedicated employees who have logged 4.3 million volunteer hours and counting since 2003 to serve an estimated 46.7 million people with information and resources.
They have donated more than 400,000 hours for each of the last five years in order to encourage communities to live healthily. Even they have worked on fundraising events that went successful for breast cancer and heart disease.
They believe in shaping better futures for today’s youth and too much extent are successful by going beyond and above for their customer’s needs in the United States or internationally.