History of Aetna in Timeline

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Aetna

Aetna is an American managed health care company offering various insurance plans (medical, pharmaceutical, dental, etc.) through employer-sponsored programs and Medicare. It operates in the health insurance sector, providing both traditional and consumer-directed healthcare options. Aetna became a subsidiary of CVS Health on November 28, 2018, marking a significant shift in its corporate structure.

2000: Disclosure of Aetna's Slaveowner Life Insurance Policies

In 2000, Deadria Farmer-Paellmann disclosed that Aetna had issued life insurance policies to slaveowners covering the lives of their slaves from approximately 1853 to 1860.

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2002: Lawsuit Filed Against Aetna for Slavery Reparations

In 2002, Deadria Farmer-Paellmann filed a suit in federal court against Aetna, CSX, and Fleet, seeking reparations for the descendants of slaves, alleging they were unjustly enriched by slavery and its lasting effects.

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2005: Aetna Campaign Contributions

From 2005 through 2009, Aetna contributed $56,250 to Senator Max Baucus.

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2006: Nationwide Boycott Announced Against Aetna

In 2006, Deadria Farmer-Paellmann announced a nationwide boycott of Aetna due to the issue of reparations for its policies covering slaves.

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2008: Aetna Lobbying Spending Compared

In 2009, Aetna's lobbying spending by March was up 41 percent compared to the same period in 2008.

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January 2009: Aetna Lobbying Spending

In January 2009, Aetna spent $809,793 on lobbying.

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March 2009: Aetna Lobbying Spending

By the end of March 2009, Aetna had spent $809,793 on lobbying, which was up 41 percent from the same period in 2008.

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November 28, 2018: Aetna becomes a subsidiary of CVS Health

On November 28, 2018, Aetna became a subsidiary of CVS Health.

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