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Aetna Insurance Expanding Medicare Supplement Biz

Earlier this week, Aetna announced a deal to acquire the Medicare supplement insurance business and related business units from Genworth Financial for $290 million. Pending approval from federal and state regulators, the deal should close in the fourth quarter of this year, Aetna representatives said in a press release issued from their Hartford, CT headquarters. […]

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Aetna Suspends Rate Hike in California

Following in the footsteps of Anthem Blue Shield and PacifiCare, Aetna Inc. has become the third major health insurance company in California to announce that it was stepping back from its proposed rate increase there. Now, instead of roughly 43,000 Aetna policyholders being handed a rate hike of 17.9%, their insurance will go up only […]

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