Aetna Completes Acquisitions
04 October 2011 - 1:02AM
Business Wire
Aetna (NYSE: AET) 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.
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