Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  Aetna Inc    AET

Delayed Quote. Delayed  - 10/24 10:00:32 pm
112.02 USD   +0.69%
10/24 BUYINS.NET : WTBA, AET, TK, SLAB Expected To Be Up Before Next Earni..
10/24 AETNA : FIDO Alliance Announces New Authentication Specification Eff..
10/18DJZenefits Touts New Software in Turnaround Effort
News SummaryMost relevantAll newsSector news 

Aetna Inc. : Aetna, Aetna Foundation, and Employees Gave $24.7 Million to Nonprofits in 2011

share with twitter share with LinkedIn share with facebook
share via e-mail
04/19/2012 | 07:05pm CEST

Support Aimed at Improving Health and Health Care and Other Causes

Aetna Inc. (NYSE: AET) and its philanthropic arm, the Aetna Foundation, awarded $19.2 million in 2011 to nonprofit organizations working to improve people's health, particularly those from underserved populations, and to increase their access to high-quality health care. Much of the funding was directed at reversing the obesity epidemic in adults and children, promoting racial and ethnic health equity and advancing integrated health care and care coordination. In addition, grants were made to programs addressing veterans' needs, diversity and inclusion and community development.

Aetna employees, retirees and directors donated an additional $5.5 million in 2011 through the company's matching gift program, bringing combined giving in communities where Aetna employees and customers live and work to $24.7 million. Additionally, Aetna's employees generously volunteered nearly 340,000 hours of their personal time and talents in 2011.

"Providing people with tools to live healthier lives drives our business and our philanthropy," said Mark Bertolini, chairman, CEO, and president of Aetna Inc. and chairman of the Aetna Foundation. "Our 2011 charitable giving focused on helping people take charge of their health. We supported nutrition education, better access to high-quality health care and efforts to make our health care system more equitable and effective."

Programs receiving grants include those that make fresh fruits and vegetables available in food deserts, offer prenatal care to women at high risk of premature birth, and investigate ways to enhance primary care that puts the patient's needs first.

In 2011, Aetna and the Aetna Foundation directed $4.8 million in the fight against obesity, $3.2 million to eliminate racial and ethnic disparities in health and health care, and $2.5 million to promote integrated health care and care coordination in primary care settings.

Complementing the grant making by Aetna and the Aetna Foundation was the commitment by thousands of Aetna employees to encourage healthy lifestyles by donating their time to company-sponsored volunteer efforts or individual initiatives.

"Whether it's developing community gardens, teaching kids oral health, or participating in fund-raising walks and bike-a-thons, Aetna employees often focus on healthy living as their way to give back in their communities," said Floyd Green, head of Aetna's Community Relations and Urban Marketing. "Last year alone, our employees helped thousands of kids be physically active through our programs to combat childhood obesity. Aetna KidsPlay, for example, enables kids across the country to play soccer, baseball and other sports on teams coached by our employees and supported with Aetna sponsorships. We are proud to support our employees' long tradition of giving through our matching gifts program and volunteer grants."

About the Aetna Foundation

The Aetna Foundation, Inc. is the independent charitable and philanthropic arm of Aetna Inc. Since 1980, Aetna and the Aetna Foundation have contributed more than $413 million in grants and sponsorships, including $19.2 million awarded in 2011. As a national health foundation, we promote wellness, health, and access to high-quality health care for everyone. This work is enhanced by the time and commitment of Aetna employees, who have volunteered more than 2.6 million hours since 2003. Our current giving is focused on addressing the rising rate of adult and childhood obesity in the U.S.; promoting racial and ethnic equity in health and health care; and advancing integrated health care. For more information, visit www.AetnaFoundation.org.

About Aetna

Aetna is one of the nation's leading diversified health care benefits companies, serving approximately 36.4 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, medical management capabilities, health care management services for Medicaid plans and health information exchange technology services. Our customers include employer groups, individuals, college students, part-time and hourly workers, health plans, health care providers, governmental units, government-sponsored plans, labor groups and expatriates. For more information, see www.aetna.com.

Walt Cherniak, 410-401-9490

© Business Wire 2012
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on AETNA INC
10/24 BUYINS.NET : WTBA, AET, TK, SLAB Expected To Be Up Before Next Earnings Releases
10/24 AETNA : FIDO Alliance Announces New Authentication Specification Effort with EMV..
10/18DJZenefits Touts New Software in Turnaround Effort
10/18 UnitedHealth sees more growth in 2017 when it exits Obamacare
10/13 AETNA : to Announce Third-Quarter 2016 Results
10/13 AETNA INC (NYSE : AET), Merck & Co., Inc. (NYSE:MRK) Sign Value-Based Partnershi..
10/13 REGIONAL CANCER CARE ASSOCIATES : And Aetna Form Oncology Medical Home
10/12 AETNA : ’s Stars Are Shining as CMS Announces Medicare Quality Ratings
10/12DJHUMANA : Sees Potential Fallout From Lower Medicare Star-Rating Report
10/11 AETNA : and Merck Sign a Unique Value-Based Contract for Januvia® and Janumet®
More news
Sector news : Managed Healthcare - NEC
10/21DJCIGNA : Ends Preauthorization for Medication to Treat Opioid Addiction
10/18DJUNITEDHEALTH : Tops Views, Boosts Outlook
10/18 UnitedHealth sees more growth in 2017 when it exits Obamacare
10/18 UNITEDHEALTH : CEO sees earnings growth continuing into 2017
10/12DJHUMANA : Sees Potential Fallout From Lower Medicare Star-Rating Report--3rd Upda..
More sector news : Managed Healthcare - NEC
News from SeekingAlpha
10/17 Health Insurance Companies To Hike Prices Now, Suffer Later
10/01 Dividend Champions For October 2016
09/30 Aetna declares $0.25 dividend
09/29 AETNA SUBSIDIZING APPLE WATCH : Fitbit gets downgrade
09/12 EVOLENT HEALTH : Because The Argument For Value-Based Care Is Getting Stronger
Financials ($)
Sales 2016 63 255 M
EBIT 2016 4 945 M
Net income 2016 2 583 M
Debt 2016 4 521 M
Yield 2016 0,90%
P/E ratio 2016 15,20
P/E ratio 2017 13,54
EV / Sales 2016 0,69x
EV / Sales 2017 0,64x
Capitalization 39 027 M
More Financials
Duration : Period :
Aetna Inc Technical Analysis Chart | AET | US00817Y1082 | 4-Traders
Full-screen chart
Technical analysis trends AETNA INC
Short TermMid-TermLong Term
Technical analysis
Income Statement Evolution
More Financials
Mean consensus OUTPERFORM
Number of Analysts 21
Average target price 137 $
Spread / Average Target 23%
Consensus details
EPS Revisions
More Estimates Revisions
Mark T. Bertolini Chairman & Chief Executive Officer
Karen S. Lynch President
Margaret M. McCarthy Executive Vice President-Operations & Technology
Shawn M. Guertin CFO, Executive VP & Chief Enterprise Risk Officer
Harold L. Paz Chief Medical Officer & Executive Vice President
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
AETNA INC2.89%39 027
ANTHEM INC-11.43%32 502
HUMANA INC-1.47%26 218
CENTENE CORP-5.64%10 603
More Results