Is Aetna owned by UnitedHealthcare?
Asked by: Omari Stiedemann | Last update: January 25, 2026Score: 4.4/5 (20 votes)
Is Aetna a part of UnitedHealthcare?
Aetna Inc.
Since November 28, 2018, the company has been a subsidiary of CVS Health. Aetna Inc. Aetna's headquarters in Hartford, Connecticut.
Who is Aetna owned by?
Aetna® is proud to be part of the CVS Health family.
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.
Does Aetna have a different name?
Aetna is the brand name used for products and services provided by one or more of the Aetna group of subsidiary companies, including Aetna Life Insurance Company, Coventry Health and Life Insurance Company and their affiliates (Aetna).
Aetna VS United HealthCare Insurance Pros & Cons Review | Is Aetna Or United Healthcare Better?
Are Cigna and Aetna the same company?
Aetna and Cigna are both large insurance companies, but one key difference is that Aetna is a subsidiary of CVS. Aetna policyholders can get discounted same-day care through CVS MinuteClinics plus deals on prescriptions and wellness supplies. Cigna is only a health insurance company.
Did Aetna get bought out?
Including the assumption of Aetna's debt, the total value of the transaction is $78 billion. The combined company's shares are listed on the New York Stock Exchange under the ticker symbol "CVS." The Aetna brand name will continue to be used in reference to the health insurance products.
Is Aetna in financial trouble?
Aetna's revenues hit $33 billion in Q3, up from $26.3 billion in Q3 2023. But it posted an adjusted operating income loss of $924 million this year. Its Medical Benefits Ratio was 95.2% in the quarter, compared to 85.7% in the same period last year.
Is Aetna a reputable insurance company?
Although Aetna is one of the oldest insurance companies in the country, it's not accredited by the Better Business Bureau. It has an A+ rating with the BBB, but only a 1.05 out of 5 stars after 139 customer reviews.
What is happening to Aetna?
CVS is removing Brian Kane, the head of Aetna, citing the division's poor performance and outlook. CEO Karen Lynch, who was the president of Aetna from 2015 to 2021, will now lead the business, while CFO Tom Cowhey will help oversee its day-to-day operations.
Did Allianz buy Aetna?
SHARE. On 17 May 2022, Aetna International confirmed that they have entered into a preferred partnership deal with Allianz Partners, a world leader in insurance and assistance. The agreement covers all of Aetna International's regions, with the exception of the Americas, Thailand and India.
Is Aetna private?
Yes, Aetna is a private insurer.
What countries does Aetna operate in?
Europe (Dublin and London) Asia Pacific (Singapore, Hong Kong SAR, China, Thailand, Indonesia, Vietnam and the Philippines) Middle East (Qatar, Dubai and Abu Dhabi) United States (Hartford, CT, and nationally)
Is Aetna Medicare or private?
Part C plans, also known as Medicare Advantage plans, are run by private insurance companies, like Aetna® Medicare. Medicare Advantage plans are a lot like Original Medicare. But they can include valuable extra benefits that Original Medicare doesn't.
What type of HealthCare is UnitedHealthcare?
UnitedHealthcare offers a full range of health benefits, enabling affordable coverage, simplifying the health care experience and delivering access to high-quality care. UnitedHealthcare serves customers through four businesses: Employer & Individual, Medicare & Retirement, Community & State, and Global.
Is Aetna the same as United Healthcare?
Like Aetna, UnitedHealthcare offers health plans to individuals and families, including student health plans. UnitedHealthcare stands out from Aetna with its student health plans offering. If you're a college student, a UnitedHealthcare student health plan could be a good fit for you.
Why is Aetna so expensive?
Factors influencing Aetna insurance monthly costs
Plans with broader coverage and extensive benefits, such as lower deductibles, co-pays, and comprehensive services like dental and vision care, often come with higher monthly costs.
Why is Aetna not paying claims?
If your health or disability benefits have been denied, Aetna may have claimed the following: The procedure is merely cosmetic and not medically necessary. The treating physician is out of network or out of plan. The claim filed was for a medical condition that isn't authorized or covered.
Is Aetna considered good insurance?
People choose Aetna for its vast network of providers, competitive rates and long history in the insurance industry. It also offers benefits like access to 24/7 virtual care at no or low costs, depending on your plan, and mental health coverage. Aetna is regarded as a good health insurance provider overall.
What is the class action lawsuit against Aetna?
The lawsuit seeks a declaratory judgment, injunctive relief to end Aetna's exclusionary policy, and compensatory damages for all policyholders who have had to pay out of pocket for gender-affirming facial surgery because of Aetna's discriminatory exclusion.
Who is buying Aetna?
CVS Health to Acquire Aetna; Combination to Provide Consumers with a Better Experience, Reduced Costs and Improved Access to Health Care Experts in Homes and Communities Across the Country. WOONSOCKET, R.I. and HARTFORD, Conn., Dec.
What pharmacy does Aetna own?
CVS Caremark® Mail Service Pharmacy, CVS Specialty® and Aetna® are part of the CVS Health® family of companies.