Company Directory - Aetna
Company Details - Aetna
Aetna
WebsiteHartford, United States
NYSE: CVS (as part of CVS Health)
Aetna is a health insurance company that provides a wide range of health insurance products and services, focusing on medical, dental, pharmacy, behavioral health, and Medicare plans. Owned by CVS Health, Aetna aims to help individuals, families, and businesses improve their overall health and wellness through quality healthcare coverage.
CCI Score
CCI Score: Aetna
-30.38
0.01%
Latest Event
Aetna’s Political Contributions and Lobbying Expenditures
An OpenSecrets profile reveals that Aetna contributed approximately $1.29M in the 2018 election cycle and spent over $7.24M on lobbying in 2017 and 2018. This political spending highlights the company's active involvement in shaping policy through financial means.
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TOADIE
Aetna is currently rated as a Toadie.
Latest Events
- FEB062025
An OpenSecrets profile reveals that Aetna contributed approximately $1.29M in the 2018 election cycle and spent over $7.24M on lobbying in 2017 and 2018. This political spending highlights the company's active involvement in shaping policy through financial means.
-50
Political Contributions and Lobbying Efforts
May 1
Aetna's significant spending on political contributions and lobbying, as reported by OpenSecrets, suggests an effort to influence policymaking in favor of corporate interests. From an anti-fascist perspective, such financial entanglements can undermine democratic processes and enable policies that may favor authoritarian outcomes.
- JAN012024
CVS Health’s public disclosure on its political activities details comprehensive engagement in lobbying, state-level political donations, and PAC operations intended to safeguard corporate interests. While the company complies with extensive regulations and demonstrates transparency, from an anti‑fascist perspective this focus on advancing corporate priorities raises concerns about potential reinforcement of elite power structures.
-10
Political Contributions and Lobbying Efforts
May 1
The article outlines CVS Health's detailed political contributions and lobbying disclosures, highlighting a systematic approach to influencing public policy strictly for corporate gains. Although the measures are transparent and legally compliant, this practice can undermine broader democratic interests and worker protections, leading to a negative evaluation from an anti‑fascist standpoint.
- OCT212023
CVS Health announced planned layoffs of 521 jobs, including about 200 remote positions, at Hartford-based Aetna. The job cuts, effective from October 21 to December 30, 2023, are part of a broader cost-reduction strategy by the company following its merger with Aetna in 2018.
-70
Labor Relations and Human Rights Practices
May 1
The planned layoffs significantly undermine worker security and fair labor practices. Cutting 521 jobs, including remote roles, not only destabilizes individual livelihoods but also erodes the broader support for workers' rights—a stance that is inherently at odds with progressive, anti-authoritarian values.
CVS Health to cut more than 500 jobs at Hartford-based Aetna
- AUG012023
Senator Chris Murphy criticized CVS Health's plan to cut 5,000 jobs, warning of negative impacts for workers at Aetna’s Hartford headquarters. The statement highlights concerns over massive consolidations in the healthcare industry that harm labor rights and worker well-being.
-70
Labor Relations and Human Rights Practices
May 1
Senator Murphy’s statement condemns CVS Health's decision to eliminate 5,000 jobs, a move that could negatively impact employees at Aetna's Hartford headquarters. This lays bare the detrimental effect of healthcare industry consolidations on worker rights and fair labor practices, aligning with concerns over ethical business practices.
- SEP122016
Aetna is under investigation after it threatened to exit the ACA marketplaces if its $37 billion merger with Humana was not approved, a move that has drawn sharp criticism from senators who view the action as a politically driven manipulation of public healthcare policy.
-65
Executive Political Engagement
May 1
Aetna's CEO sent a letter implying that the company's participation in the ACA exchanges was conditional on regulatory approval of its merger with Humana. This executive political engagement, deemed 'politically motivated' by senators, reflects a strategic threat that undermines public health policy. Such behavior raises concerns about corporate willingness to use political pressure to influence government decision-making, particularly when it risks the stability of programs designed to protect vulnerable populations.
Aetna faces probe over 'politically motivated' Obamacare exit
- MAR012016
Aetna channels political donations through its PAC to support candidates who align with its healthcare mission, reflecting a commitment to bipartisan engagement in the democratic process.
+20
Political Contributions and Lobbying Efforts
May 1
Aetna directs political contributions via its PAC, supporting candidates based on their alignment with its healthcare mission. This method of evaluating candidates based on voting records and leadership positions fosters a focus on maintaining robust and accessible healthcare systems, which is a positive stance against authoritarian or far-right policies.
- SEP052012
Investors, including union and state pension fund representatives, are pressuring Aetna to disclose its political contributions following its 2011 report. The report revealed $3 million paid to the American Action Network and $4 million to the U.S. Chamber of Commerce, categorized by CEO Mark Bertolini as 'educational activities', raising concerns about potential political bias and lack of transparency.
-60
Political Contributions and Lobbying Efforts
May 1
Aetna's classification of multi-million dollar political contributions as 'educational activities' to conservative organizations such as the American Action Network and the U.S. Chamber of Commerce raises red flags regarding potential support for far-right or authoritarian ideologies. Investor pressure highlights concerns over the lack of transparency in political funding, which, viewed through an anti-fascist lens, is problematic.
Investors pressure Aetna to disclose political funding | Fierce Healthcare
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Corporate Financials
- Revenue
- 2022
- $75.00B
- Total Assets
- 2022
- $110.00B
Industries
- 524114
- Direct Health and Medical Insurance Carriers
- 524292
- Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds
- 621111
- Offices of Physicians (except Mental Health Specialists)