Aetna

13 Stories

Major Insurer Won't Charge Patients for Coronavirus Stays

Aetna's move applies to 3.6M Americans

(Newser) - One of the nation's biggest health insurers is waiving patient payments for hospital stays tied to the coronavirus. CVS Health's insurer Aetna said Wednesday that many of its customers will not have to make co-payments or other forms of cost sharing if they wind up admitted to a...

This $69B Deal May Reshape Health Care as We Know It

Proposed CVS-Aetna merger is approved by the DOJ

(Newser) - On Wednesday, CVS all but "cemented the deal" to buy Aetna for $69 billion, by scoring the Justice Department's preliminary approval of the deal, reports CNBC . With that green light comes a condition: that Aetna complete its plan to unload its Medicare Part D prescription drug plan business,...

Teen to Aetna After Brain Surgery Denied: 'Screw You'

Parents of girl wracked by seizures now trying to come up with $300K on their own

(Newser) - When Cara Pressman gets seizures, she describes it as "like having a nightmare but while you're awake," giving her the chills and the shakes and causing her to zone out for up to two minutes. So the 15-year-old, who a release says is from New York and...

Report: To Protect a Client and Itself, CVS to Buy Aetna

Deal is worth $69B, says source

(Newser) - CVS will buy insurance giant Aetna in a roughly $69 billion deal that will protect a key client—and possibly protect itself from Amazon—a person with knowledge of the matter said Sunday. CVS will pay about $207 in cash and stock for each share of Aetna, according to the...

One Big Factor Is Driving CVS Bid to Buy Aetna
Fearing Amazon,
CVS Makes $66B Move
the rundown

Fearing Amazon, CVS Makes $66B Move

Pairing of an insurer with a pharmaceutical company 'makes a lot of sense' to some

(Newser) - It's more big news in the world of health insurance—and potentially for the wallets of consumers—though this time it doesn't revolve around the fate of ObamaCare. The Wall Street Journal reports that CVS has offered to buy giant insurer Aetna for $66 billion. Why? One big...

Aetna May Deliver Blow to ObamaCare
Aetna Delivers a Blow
to ObamaCare

Aetna Delivers a Blow to ObamaCare

Health insurer says it's losing lots of money, may be forced out of ACA's insurance exchanges

(Newser) - Aetna became the latest health insurer to cast doubt upon its future in the Affordable Care Act's insurance exchanges after it called off a planned expansion on Tuesday and suggested it could abandon that market completely, the AP reports. A departure by Aetna, the nation's third-largest insurer, could...

Aetna Doing Something About Workers' Student Loans

Employees offered up to $10K in matching payments

(Newser) - Competition for talented university graduates appears to be heating up: Health care giant Aetna has become the latest big company trying to woo young workers by offering to help them pay off their mountains of student debt, USA Today reports. Full-time employees who have earned degrees within the last three...

$48B Health Care Deal Could 'Reshape Industry'

Anthem-Cigna news comes just weeks after Aetna-Humana announcement

(Newser) - In a deal that the Wall Street Journal says could "reshape the US health industry," Anthem has agreed to buy Cigna for more than $48 billion—forming a combined entity that will cover more than 53 million people. Just weeks after Aetna announced it plans to acquire Humana...

Health Insurance Ads Go Cuddly

Firms shift marketing toward individual consumers

(Newser) - Health insurers are targeting a new audience: you. If the health care law's individual mandate remains intact, the companies could be looking at 120 million new potential customers by 2020, an analyst tells the New York Times . Regardless of the Supreme Court decision on the law, insurers believe the...

America's Top CEOs Had a Nice Fat 2010

How nice? Their compensation jumped 27% to 40%

(Newser) - Today, in Depressing Coincidences in Journalism, we're greeted with the news that nearly 50% of Americans are living below the poverty level or very close to it—and the news that America's top CEOs saw their 2010 pay jump a crazy 27% to 40%. The latter revelation comes...

Insurers Propel Dow Down 89
 Insurers Propel Dow Down 89 
MARKETS

Insurers Propel Dow Down 89

Obama budget boosts some financials

(Newser) - Stocks turned lower today amid grim economic news and varied responses to President Obama’s budget, the Wall Street Journal reports. Durable goods sank and jobless claims rose, and insurers Aetna and Humana dropped sharply over fears of adverse effects from the administration's healthcare reform. The Dow fell 88.81...

US Insurers Warming to Medical Tourism

Sending patients to India, elsewhere could save $20B a year

(Newser) - If you’re in need of high-priced surgery, your insurance company might have a plane ticket for you. Insurers are starting to warm to “medical tourism” for the same reason uninsured Americans are: Surgery is significantly cheaper overseas. At least 150,000 Americans go abroad for medical procedures every...

Black Fortune 500 CEOs in Short Supply

Departure of Merrill, Time Warner chiefs knocks total to four

(Newser) - The departure of Dick Parsons from Time Warner and Stan O'Neal from Merrill Lynch has reduced the already sparse population of African-American CEOs running Fortune 500 companies to an extremely paltry four, reports AP. CEOs of any color have a short shelf life, and the small numbers of black chiefs...

13 Stories