History of Aetna in Timeline
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.
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.
2005: Aetna Campaign Contributions
From 2005 through 2009, Aetna contributed $56,250 to Senator Max Baucus.
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.
2008: Aetna Lobbying Spending Compared
In 2009, Aetna's lobbying spending by March was up 41 percent compared to the same period in 2008.
January 2009: Aetna Lobbying Spending
In January 2009, Aetna spent $809,793 on lobbying.
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.
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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