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Aetna Inc.

Aetna Inc.
Public
Traded as AET
S&P 500 Component
Industry Managed health care
Founded May 28, 1853; 163 years ago (1853-05-28) (as Aetna Life Insurance Company)
Founder Eliphalet Adams Bulkeley
Headquarters 151 Farmington, Hartford, Connecticut, 06105 U.S.
Area served
United States
Key people
Mark T. Bertolini
(Chairman and CEO)
Products Healthcare plans
Revenue Increase$ 60.336 billion (FY 2015)
Increase$ 2.717 billion (FY 2015)
Increase$ 2.390 billion (FY 2015)
Total assets
  • Increase US$ 53.42 billion (2016)
Total equity Increase$ 14.078 billion (FY 2013)
Number of employees
48,600 (Dec 2013)
Website www.aetna.com

Aetna Inc. (/ˈɛtnə/; stylized as ætna) is an American managed health care company, which sells traditional and consumer directed health care insurance plans and related services, such as medical, pharmaceutical, dental, behavioral health, long-term care, and disability plans. Aetna is a member of the Fortune 100.

Aetna offers health care, dental, pharmacy, group life, disability, and long-term care insurance and employee benefits, primarily through employer-paid (fully or partly) insurance and benefit programs, and through Medicare. Membership numbers: (as of September 30, 2016)

Aetna has spent more than $2.0 million in 2009 on lobbying. The company spent $809,793 between January 2009 and the end of March 2009—up 41 percent from the same period in 2008. Aetna's campaign contributions include more than $110,000 to US Senator Joe Lieberman (ID-CT) in 2009. From 2005 through 2009, Aetna contributed $56,250 to Senator Max Baucus (D-MT), chairman of the Senate Finance Committee, making Aetna the senator's seventh highest contributor over that time period.

In the California Health Care Quality Report Card 2011 Edition, Aetna received 2 out of 4 stars in Meeting National Standards of Care and 1 out of 4 in Members Rate Their HMO. In the California Health Care Quality Report Card 2010 Edition, Aetna received 3 out of 4 stars in both Meeting National Standards of Care and How Members Rate Their HMO, for a rating of "Good" (out of "Poor, " "Fair, " "Good, " or "Excellent").

Aetna's 2007 revenue, reported in 2008, was $27.6 billion. Aetna's 2008 revenue, reported in 2009, was $31 billion. Aetna's 2012 revenue, reported in 2013, was $35.54 billion. Aetna's 2013 revenue was 47.19 billion dollars.


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