Is Aetna owned by CVS?
Asked by: Reyes Zieme PhD | Last update: September 27, 2025Score: 4.4/5 (12 votes)
Who is Aetna owned by?
Aetna is proud to be a part of the CVS Health® family of companies. The following Aetna companies provide their own products and services.
Are CVS Health and Aetna the same?
CVS Pharmacy, Signify Health, Oak Street Health, CVS Specialty, MinuteClinic and Aetna are part of the CVS Health family of companies.
What insurance company owns CVS?
CVS Health Corporation is an American for-profit healthcare company that owns CVS Pharmacy, a retail pharmacy chain; CVS Caremark, a pharmacy benefits manager; and Aetna, a health insurance provider, among many other brands.
Is Aetna Walgreens or CVS?
Aetna and CVS Caremark® are part of the CVS Health® family of companies.
CVS-Aetna merger could transform health care industry
Does CVS Pharmacy accept Aetna insurance?
Welcome Aetna® members
Aetna is proud to partner with CVS Health® to give you easy access to your card benefits so you can use and manage your benefits all in one place.
Is Aetna CVS Health insurance good?
Aetna is one of the cheapest health insurance companies and is good if you're on a budget. But Aetna's customer service is typically below average. The company may not be the best choice if you have a complex or chronic illness, or if customer satisfaction is a high priority for you.
Are CVS and Aetna splitting?
Among consideration is splitting up its assets: CVS Pharmacy, pharmacy benefit manager CVS Caremark, and insurance arm Aetna. The company has reportedly been in talks with bankers about the move, Reuters reported early this month. So, we took a page out of that one Friends episode and made a pros and cons list.
Is Aetna CVS Medicaid?
Aetna® Medicaid plans
As part of CVS Health®, we know that good health starts close to home. Through plans like Aetna Better Health®, we strive to develop positive, long-term relationships with our members, providers and the communities we serve.
When did CVS buy out Aetna?
WOONSOCKET, R.I., Nov. 28, 2018 /PRNewswire/ -- CVS Health (NYSE: CVS), a company that is leading the transformation of health care, today announced that it has completed its acquisition of Aetna (NYSE: AET), establishing CVS Health as the nation's premier health innovation company.
Do Aetna members get a discount at CVS?
Your member ID card gets you a 20% discount* on CVS Health brand products. These savings are just for individual & family plan members.
Did CVS overpay for Aetna?
Far from being a transfer of wealth, this deal looks like it simply destroys value. The total destruction of value – $4.34 billion – was split between the two companies by the price paid. In this sense, CVS may have slightly overpaid for Aetna, but not by much.
What is the best healthcare insurance?
Investopedia's analysis ranks Kaiser Permanente as the best health insurance company for 2025 because of its blend of affordability and low customer complaints. UnitedHealthcare and Aetna also earned top marks. We evaluated nine insurers using dozens of criteria, such as customer satisfaction, plan types, and costs.
How are CVS and Aetna connected?
The CVS Health group of companies provide certain products and services to health plans offered, underwritten and/or administered by Aetna. Teladoc® is not available to all members. Teladoc and Teladoc physicians are independent contractors and are not agents of Aetna.
Who did CVS buy out?
CVS Health has closed its major acquisition of health services company Signify Health at a deal valued at $8 billion. The acquisition, first announced back in September, will help advance the health giant's push into value-based care.
Does CVS own Humana or Aetna?
Both Humana and CVS, which owns the insurer Aetna, have made major leaps into primary care for older adults in recent years. Humana is partnering with a private equity firm to add more CenterWell Senior Primary Care sites, while CVS bought the Medicare provider Oak Street Health in May.
Who is the parent company of Aetna insurance?
Aetna Inc.
Since November 28, 2018, the company has been a subsidiary of CVS Health.
Is Aetna contracted with CVS?
Aetna and MinuteClinic, LLC (which either operates or provides certain management support services to MinuteClinic-branded walk-in clinics) are part of the CVS Health® family of companies.
Why is Aetna struggling?
Aetna majorly miscalculated utilization trends in pricing Medicare Advantage plans for this year, causing hundreds of thousands of seniors to flock to its generous coverage and saddling the insurer with an unexpectedly steep price tag for their care.
Why is CVS struggling?
A company spokesman for CVS stated, “Our industry faces continued disruption, regulatory pressures, and evolving consumer needs and expectations.” Among these disruptions are prescription delivery services, such as Amazon Pharmacy (including PillPack, which Amazon acquired in 2018) and venture capital-backed Capsule.
What insurance company is owned by CVS?
CVS Health has, for a long time, been known as a retail pharmacy and healthcare brand. However, since completing its acquisition of managed healthcare company Aetna back in 2017, it has had much grander designs.
Does Aetna deny a lot of claims?
In the same year, Medicare denied 6.85% of its claims. One year later, AMA reported that all the surveyed insurers were denying fewer claims: Aetna's denial rate was down to 1.81%, Anthem BCBS reduced its rate to 4.34%, and private insurers overall were down to 2.79%, while Medicare denied only 4% of claims.
Did CVS buy out Aetna?
On December 3, 2017, CVS agreed to acquire Aetna for approximately $69 billion. 2. Who are the merging parties? CVS operates the nation's largest retail pharmacy chain and is the nation's second-largest provider of individual prescription drug plans (“individual PDPs”), with approximately 4.8 million members.
How much is Aetna per month?
Among the ACA-compliant health insurance plans in 2024, the average monthly premium was $477 for an individual plan, although insurance costs can vary significantly depending on the kind of plan you choose, the benefits included, and your location.