Tag: Aetna news

How Aetna is Challenging Big Pharma in a Price-Fixing Battle

Tate Ellison
Aetna Lawsuit

Aetna Files Lawsuit Against Major Drugmakers Alleging Price-Fixing Conspiracy Aetna, a leading health insurer, has initiated a lawsuit against major pharmaceutical companies including Pfizer, Novartis, and Teva Pharmaceuticals, accusing them of conspiring to manipulate the market for generic drugs. The lawsuit alleges that the drugmakers colluded to artificially inflate prices, disadvantaging insurers, federal programs, and consumers. This legal action highlights growing concerns over anticompetitive practices in the pharmaceutical industry, with potential implications for healthcare costs nationwide. Details of the Lawsuit According to Aetna’s complaint, filed in Connecticut on December 31,…

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Latest insurance industry news in Singapore now includes Aetna

Health Insurance company merger Aetna

Insurer granted license to offer individuals and employers health benefits. Global diversified health care benefits leader, Aetna, has announced its latest insurance industry news, that it has now received the license required to begin selling health coverage in Singapore. The insurer will now be selling these plans to both individuals and groups in the city-state. According to the managing director for Southeast Asia at Aetna International, Derek Goldberg, “We’re very pleased to offer our insurance products in Singapore.” He explained that “Singapore is a very attractive market for Aetna. It…

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Aetna acquires Omaha’s Payflex. Move may have economic implications

Health insurance giant Aetna Inc. has announced plans to purchase Payflex Holdings Inc., an administrator of health savings and flexible spending accounts in the health care industry. The purchase will set Aetna back by $202 million, but shows that the company has plans to expand their operations despite the changes coming to the industry. The deal may have deeper meaning as well, which may have roots in the state of the economy. Brian Gilbreath, president of the Nebraskan Association for Corporate Growth, says that there is growing confidence in the…

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