Aetna Completes Acquisitions

Monday, October 3, 2011

HARTFORD, Conn. — Aetna today announced that it has completed two previously announced acquisitions. Aetna has completed the purchase of a Medicare Supplement business with more than 150,000 members from Genworth Financial, Inc. Aetna also has completed the purchase of PayFlex Holdings, Inc., an independent account-based health plan administrator, with approximately 1 million accounts and approximately 3,300 direct employer customers.

About Aetna

Aetna is one of the nation’s leading diversified health care benefits companies, serving approximately 36.5 million people with information and resources to help them make better informed decisions about their health care. Aetna offers a broad range of traditional, voluntary and consumer-directed health insurance products and related services, including medical, pharmacy, dental, behavioral health, group life and disability plans, and medical management capabilities and health care management services for Medicaid plans. Our customers include employer groups, individuals, college students, part-time and hourly workers, health plans, governmental units, government-sponsored plans, labor groups and expatriates. For more information, see www.aetna.com.

Aetna Media Contact:

Cynthia Michener
860-273-8553
michenerc@aetna.com

Investor Contact:

Tom Cowhey
860-273-2402
cowheyt@aetna.com

Like what you just read?