Hartford-based Aetna, Inc. (NYSE: AET) is a provider of healthcare, pension plans, and group insurance products. Its insurance subsidiary, Aetna Life Insurance Co., provides life, disability insurance, and long-term care products to groups and individuals throughout North America.
Several moves to internally restructure the company in the 1990s caused the elimination of thousands of jobs and a withdrawal from some insurance products including its property/casualty, behavioral managed care, and life insurance businesses. Legal issues marred the late 90s when the company was accused of anticompetitive practices. It also became the second insurer to be sued for misleading clients about certain medical treatments. As a result of rising medical costs and difficulties in operations, further restructuring in 2001 caused additional reductions in its workforce and a rise in premiums.
In 2001, Aetna also ventured into the mail-order pharmaceutical business when it acquired a mail-order pharmacy facility from Eckerd Health Services. In 2004, the company entered into a joint venture with Priority Healthcare to provide mail-order drugs to consumers with chronic diseases.
Quadrino Schwartz provides long term disability insurance legal services for policyholders. Our disability insurance attorneys frequently receive Aetna disability insurance inquiries and represent individuals who are submitting a claim or whose claim has been delayed, disputed, denied or terminated. For help regarding your Aetna disability insurance claim, fill out our contact form here or call us toll-free at 1-800-745-1755. Many of our clients have found the following list of terms helpful in finding claims help: