Live Insurance News

Aetna insurance moving headquarters out of Hartford after 164 years there

July 3, 2017June 30, 2017 G. Turner

The coverage giant has been in Connecticut for over a century and a half and is now moving to New York City. After 164 years in Connecticut, Aetna Insurance is now moving its headquarters out of Connecticut and into New York City. The company had announced its intentions to relocate to NYC earlier this year and has faced intense lobbying from Connecticut officials against its decision. This comes as a hard hit to Hartford, which has already been struggling with considerable financial issues. On the side of Aetna Insurance, it…

Aetna insurance jobs open up for over 300 people

May 24, 2017May 22, 2017 Julie Campbell

The insurer has announced that a number of spots are opening up for new hires to work from home. Aetna insurance jobs have opened up in a wave for people who are seeking to start or continue a career in the industry without having to face a commute. This is becoming an increasingly common type of position in the insurance industry as Cigna, one of Aetna’s rivals, also hires people who work from home. The health insurance company is showing that it understands why its teams might like staying at…

Aetna health insurance withdrawing from ACA exchanges next year

May 15, 2017May 13, 2017 G. Turner

The company has announced its departure from all marketplaces across the country in 2018. A number of large insurers have stepped out of certain specific marketplaces, but Aetna health insurance is backing out of the entire country. The health insurance company had already withdrawn from certain states, but this move is nationwide. Aetna health insurance will be taking on a complete removal from the Affordable Care Act’s marketplaces next year. It recently announced its decision as a result of ongoing financial losses. The insurer also cited uncertainty as to the…

Aetna health insurance backs out of Iowan individual exchange

April 10, 2017April 7, 2017 Nordstrom

A second large insurer has announced its intention to step out of the state, leaving residents in a lurch. Aetna health insurance has revealed its intentions to withdraw from the Iowa individual marketplace. This raises concerns that residents will not have any coverage options available for 2018. Tens of thousands of Iowans who purchased health plans through the insurance exchange may be out of luck. The Aetna health insurance exchange withdrawal will be effective as of January 2018. The insurance company informed state regulators that it has chosen to cease…

Insurance company merger between Aetna and Humana will not go forward

January 25, 2017January 23, 2017 H. Cutner

A federal judge has now ruled in favor of prohibiting the two health insurers from merging. The Justice Department’s decision to stop the insurance company merger between Aetna and Humana has been upheld by a federal judge. These two health insurance giants were appealing the decision with U.S. District Judge John. D. Bates. The original decision to block the merger between the health insurance companies occurred in July 2015. That said, Judge Bates concluded in a 158-page opinion that “The Court is unpersuaded that the efficiencies generated by the merger…