ABILTO Closes $6M Series B Financing
AbilTo, Inc., a New York, NY-based provider of remotely delivered, behavior interventions for high-cost medical populations, closed a $6m Series B financing. The round was led by BlueCross BlueShield Venture …
UnitedHealth Group stock hits new highs
UnitedHealth Group Inc.’s stock has been on a two-week surge, hitting an all-time high for the first time earlier this month and continuing to climb even higher. Shares of the …
Aetna increases share repurchase plan to $1 Billion
Hartford health insurer Aetna said its board of directors has authorized the company to purchase as much as $1 billion more of its common stock. The authorization grows the company’s …
Piedmont and Aetna/Coventry sign off on coverage agreement
Piedmont Healthcare announced Friday afternoon that it has reached agreement with Aetna/Coventry on a new three-year contract. Under the agreement, Aetna/Coventry members will continue to receive covered benefits, at in-network …
Westinghouse Electric Co. drops Highmark
Westinghouse Electric Co. has dropped Highmark Blue Cross Blue Shield health coverage in favor of Aetna, employees were informed Wednesday. In an email to employees, Westinghouse Human Resources Vice President …
Aetna Opts to Stay in Pa Health Insurance Exchange
In the weeks leading up to the launch of the health insurance exchange exchanges as part of Obamacare’s health insurance goals, Aetna (NYSE: AET) has dropped out of the exchanges …
Aetna bows out of New Jersey health insurance exchange
With less than two weeks until government-run insurance exchanges are required to go live, a large carrier has decided not to be part of another state online marketplace. Aetna, which …
Last Minute Escape from Exchanges for Major Insurers
With one month left before Obamacare health plans flood the insurance market via state exchanges, top companies are backing out of the new arrangement. United, Blue Cross, Aetna and Humana …