Corporate Profile for Aetna Inc., dated Oct. 1, 1999.--(BUSINESS WIRE)-- The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-
Published Date: Oct. 1, 1999
Company Name: Aetna Inc.
Address: 151 Farmington Avenue
Hartford CT 06156
Main Telephone
Number: 860-273-0123
Internet Home
Page Address
(URL) www.aetna.com
Chief Executive
Officer: Richard L. Huber
Chief Financial
Officer: Alan J. Weber
Investor Relations
Contact: Robyn S. Walsh
Business number: 860-273-6184
E-mail address: www.walshr@aetna.com
Public Relations
Contact: Joyce A. Oberdorf
Business number: 860-273-7392
E-mail address: www.oberdorfja@aetna.com
Industry: Health Care and Financial Services
Trading Symbol/
Exchange: AET
Company description: Aetna is a leading provider of health and retirement benefit plans and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , with three core businesses: Aetna U.S. Healthcare U.S. Healthcare is a now-defunct healthcare company. The logo had an apple. The merger with Aetna In 1996, the company merged with Aetna, calling it Aetna U.S. Healthcare. The U.S. Healthcare apple logo was next to the Aetna name, and U.S. Healthcare under it. U.S. , Aetna Retirement Services and Aetna International. We provide nearly 30 million people worldwide with quality products, services and information that help them manage what matters most: their health and financial security. Corporate Headquarters: Hartford, Connecticut “Hartford” redirects here. For other uses, see Hartford (disambiguation). Hartford is the capital of the State of Connecticut. It is located in Hartford County on the Connecticut River, north of the center of the state. Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. : Richard L. Huber Employees: 27,135 (domestic, as of 12/31/1997) 1997 Revenue: $18.5 billion 70% Aetna U.S. Healthcare 10% Aetna Retirement Services 11% Aetna International 9% Large Case Pensions Aetna U.S. Healthcare Michael J. Cardillo, President Aetna U.S. Healthcare; is a leading health care benefits organization with nearly 14 million health members. Few companies can match Aetna U.S. Healthcare's expansive network of over 330,000 providers and its broad spectrum of products, including a full range of health, prescription drug prescription drug Prescription medication Pharmacology An FDA-approved drug which must, by federal law or regulation, be dispensed only pursuant to a prescription–eg, finished dose form and active ingredients subject to the provisos of the Federal Food, Drug, , dental and vision plans, as well as group insurance products such as life, disability and long-term care long-term care (LTC), n the provision of medical, social, and personal care services on a recurring or continuing basis to persons with chronic physical or mental disorders. . More than 40 percent of the nation's Fortune 1000 companies choose Aetna U.S. Healthcare for their health plans. Health Members (millions) Health Network Managed Care 11.1 Providers 330,000 Indemnity Recompense for loss, damage, or injuries; restitution or reimbursement. An indemnity contract arises when one individual takes on the obligation to pay for any loss or damage that has been or might be incurred by another individual. 02.6 Hospitals 24,000 Total Health 13.7 Aetna Retirement Services Thomas (language) Thomas - A language compatible with the language Dylan(TM). Thomas is NOT Dylan(TM). The first public release of a translator to Scheme by Matt Birkholz, Jim Miller, and Ron Weiss, written at Digital Equipment Corporation's Cambridge Research Laboratory runs J. McInerney, President Aetna Retirement Services provides retirement and investment products to more than 2.2 million customers and 30,000 plan sponsors nationwide in the education, nonprofit A corporation or an association that conducts business for the benefit of the general public without shareholders and without a profit motive. Nonprofits are also called not-for-profit corporations. Nonprofit corporations are created according to state law. , government and small-business sectors. In 1997, we expanded our financial planning Financial planning Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against capability by acquiring Financial Network Investment Corporation, one of the nation's leading financial planning companies. Aeltus, an independent subsidiary of Aetna, now manages assets in excess of $45 billion in customer accounts and ranks among the 100 largest U.S. investment management firms. Aetna International Frederick C. Copeland Jr., President and Chief Executive Officer Aetna International offers life insurance, pension management, health products and a limited book of property-casualty coverage to 16 million customers in 16 countries. Through strategic alliances, the company also provides group benefits in more than 68 countries and markets investment products worldwide. Aetna International is focused on global emerging markets where a growing middle class, low insurance penetration and a trend toward increased privatization privatization: see nationalization. privatization Transfer of government services or assets to the private sector. State-owned assets may be sold to private owners, or statutory restrictions on competition between privately and publicly owned lead to greater demand for insurance products. In past months, the company has successfully expanded its franchise with entry into new markets such as China, Poland and Colombia. Aetna is a leading provider of health and retirement benefit plans and financial services with three core businesses: Aetna U.S. Healthcare, Aetna Retirement Services and Aetna International. Aetna Inc. 151 Farmington Avenue Hartford, CT 06156 USA phone 860-273-0123 |
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