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Aetna Inc (AET.N)

AET.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Aetna sets quarterly cash dividend of $0.25 per share
Friday, 2 Dec 2016 02:15pm EST 

Aetna Inc :Sets quarterly cash dividend of $0.25 per share.  Full Article

Aetna and Banner Health announces a new JV health plan in Arizona
Monday, 31 Oct 2016 02:00pm EDT 

Aetna Inc : Aetna and Banner Health launch a new joint venture health plan in Arizona . new commercial products for fully insured and self-insured customers in Maricopa, Pinal counties will be available beginning January 1, 2017 .Aetna members who are currently part of Aetna Whole Health Network ACO plans can transition into plans offered through new partnership.  Full Article

Aetna reduced off exchange individual offerings for 2017
Thursday, 27 Oct 2016 08:58am EDT 

Aetna Inc : Aetna CEO says earliest it would reenter Obamacare exchanges if risks there improve is 2019 or more likely 2020 . Aetna CEO says it reduced marketing and number of plans in off exchange individual offerings for 2017 (Reporting By Caroline Humer) ((caroline.humer@thomsonreuters.com;)).  Full Article

Aetna expects to reaffirm FY 2016 net income per share projection of $6.28 to $6.48
Monday, 12 Sep 2016 04:52pm EDT 

Aetna Inc : Expect to reaffirm our full-year 2016 net income per share projection of $6.28 to $6.48 . Expect to reaffirm full-year 2016 operating earnings per share projection of $7.90 to $8.10 . Fy2016 earnings per share view $8.05 -- Thomson Reuters I/B/E/S . Will experience net realized capital gains or net realized capital losses during portion of 2016 following June 30, 2016 . Cannot project amount of such future gains or losses during portion of 2016 following June 30, 2016 .Aetna has assumed no net realized capital gains or losses after June 30, 2016 for purposes of projecting net income and net income per share.  Full Article

Aetna, Piedmont Healthcare announce new contract
Tuesday, 6 Sep 2016 08:30am EDT 

Aetna Inc : Aetna and Piedmont Healthcare announce new contract .Agreement will give Aetna members continued in-network access to all piedmont facilities.  Full Article

Aetna says offering additional resources to members affected by recent floods in Louisiana
Wednesday, 17 Aug 2016 11:35am EDT 

: Aetna inc says also is extending claim and appeal filing times .Aetna inc says offering additional resources to members who have been affected by recent floods in louisiana.  Full Article

Molina says Aetna or Humana may pay to co fee of $50 mln, if deal is terminated on or prior to Dec 31
Friday, 5 Aug 2016 05:33pm EDT 

Molina Healthcare : In case of termination of asset purchase deal on or prior to dec 31, , aetna,or humana to pay to co termination fee of $50 million .If deal is terminated on or after jan 1, 2017 but prior to july 1, 2017,aetna and or humana to pay to co termination fee of $100 million.  Full Article

Aetna expands Accountable Care collaboration with Duke Health and Wakemed Health & Hospitals
Wednesday, 3 Aug 2016 11:15am EDT 

Aetna Inc: Aetna Inc says expanded accountable care collaboration with Duke Health and Wakemed Health & Hospitals .ACO will now be offered to self-funded employers.  Full Article

Humana qtrly GAAP earnings per share $2.06
Wednesday, 3 Aug 2016 06:55am EDT 

Humana Inc : Humana reports second quarter 2016 financial results; reaffirms recent 2016 financial guidance increase . Consolidated revenues (including investment income) for 2q 2016 were $14.01 billion, an increase of 2 percent 2q 2015 . 2Q 2016 consolidated benefit ratio of 84.3 percent decreased by 90 basis points from 85.2 percent for 2q 2015 . Company has agreed with Aetna that its quarterly dividend will not exceed $0.29 per share prior to closing transaction . Qtrly adjusted earnings per share $2.30 . Expects 2017 geographic presence for individual commercial offerings to cover no more than 156 counties, down from 1,351 counties in 2016 . To maintain individual commercial on-exchange coverage options in markets where it expects to offer stable individual commercial health plan . Individual Medicare advantage membership was 2.8 million as of june 30, 2016, an increase of 4 percent, from june 30, 2015 . Individual medicare advantage membership was 2,816,500 as of june 30, 2016, an increase of 107,200, or 4 percent . Group medicare advantage membership was 351,700 as of June 30, 2016, a decrease of 121,400, or 26 percent . "challenges in our individual commercial business remain" . Ability and intent to continue its quarterly dividend policy is not impacted by pending transaction with Aetna . Together with Aetna, company intends to defend deal in response to lawsuit . Qtrly GAAP earnings per share $2.06.  Full Article

Molina Healthcare to acquire certain medicare assets from Aetna and Humana
Tuesday, 2 Aug 2016 06:30am EDT 

Molina Healthcare Inc : Transactions expected to be immediately accretive to earnings following close . Expects to fund transactions with available cash, but has also received a debt commitment letter .Molina Healthcare to acquire certain medicare advantage assets from Aetna and Humana.  Full Article

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U.S. attorneys argue Aetna-Humana deal violates antitrust law

WASHINGTON A U.S. Justice Department attorney told a federal judge on Monday that health insurer Aetna Inc's planned acquisition of Humana Inc would break antitrust law by reducing competition in Medicare Advantage and Obamacare exchange businesses, kicking off a trial expected to last weeks.