Aetna

Recent Posts

Wade may be fined for withholding records on Aetna-Humana merger

In a proposed ruling, a Connecticut Freedom of Information Commission hearing officer has determined the Insurance Department failed to prove the records were exempt from disclosure and has recommended a rare civil fine against Commissioner Katharine Wade. The commission is scheduled to consider the case June 28. Continue Reading →

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Malloy’s talks with Aetna were one-sided and futile

With flattery and an effort at common ground, Gov. Dannel P. Malloy wrote to Aetna’s chairman, Mark Bertolini, in March, requesting a meeting about how to keep one of the nation’s largest health insurers in Hartford. Malloy acknowledged Wednesday he never got his meeting with Bertolini, just subordinates who never articulated what changes Aetna desired to see in the only corporate home since its founding in 1853. Continue Reading →

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Aetna to quit Iowa’s ACA exchange, may leave all others

WASHINGTON — Aetna announced Thursday it is leaving Iowa’s Affordable Care Act marketplace and is considering abandoning the three remaining state exchanges it sells policies in this year. Aetna’s is the latest in a steady drip-drip-drip of announcements from insurers about their concerns over staying in the ACA’s state exchanges. Continue Reading →

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Aetna ends bid to acquire Humana

WASHINGTON — After a federal judge blocked the deal last month, Aetna on Tuesday announced it would no longer pursue a $37 billion merger with Humana. U.S. District Judge John Bates ruled last month that a merger of the health insurers would result in a lack of competition in the Medicare Advantage market.
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Anthem will appeal judge’s decision to block merger with Cigna

WASHINGTON — Anthem said Thursday it will appeal a federal court’s decision to block the health insurer’s planned merger with Cigna. The decision to appeal came quickly on the heels of U.S. District Judge Amy Berman Jackson’s ruling late Wednesday that the $54 billion merger would reduce competition in dozens of insurance markets across the nation. Continue Reading →

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Insurers: Repeal of ACA should go slowly, keep subsidies awhile

WASHINGTON – As Republicans in Congress begin work on a repeal of the Affordable Care Act, the nation’s health insurers are telling lawmakers to keep paying subsidies to the companies and to low-income Americans so they can afford coverage. Insurers are also asking that Congress create a long transition period before changes to the ACA take effect. Continue Reading →

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