Aetna continues to operate as a subsidiary of CVS Health, following its $69 billion acquisition completed on November 28, 2018.
Does Aetna still exist?
Aetna still exists as a business unit under CVS Health, operating under the Aetna brand for health insurance and related services.
Aetna’s core insurance products, provider networks, and pharmacy benefits haven’t vanished—they’re still serving millions of members across the country. Claims still get processed. Employer plans, Medicare, and Medicaid options remain available. You can still pop over to aetna.com to check plans or get help. Honestly, the brand’s still very much alive in everyday healthcare.
Who is the parent company of Aetna?
Aetna is a subsidiary of CVS Health Corporation, which acquired Aetna in 2018 for approximately $69 billion.
CVS Health isn’t some fly-by-night operation—it’s a Fortune 5 company with serious reach. Picture this: over 203,000 employees and more than 9,900 retail locations by 2026. Aetna sits under CVS’s Health Care Benefits umbrella. Curious about CVS? Head to cvshealth.com.
Is Aetna changing its name?
Aetna has not changed its legal name but has updated its branding and logo while maintaining its core business and member relationships.
You’ll still see “Aetna” on insurance cards and communications. The tweaks are mostly about modernizing the look without messing with what works. For the latest on their visual refresh, aetna.com is your go-to.
Does Aetna own Cigna?
Aetna does not own Cigna—the two are separate companies in the health insurance industry.
Cigna’s its own beast, offering medical, dental, disability, and life insurance. Sure, they’re competitors in many markets, but they’re not tangled up in ownership. See for yourself at cigna.com.
Is Bswift owned by Aetna?
Yes, Aetna owns bswift, a technology platform specializing in benefits enrollment and management.
Back in 2014, Aetna scooped up bswift to beef up its digital tools for employers and insurance exchanges. Today, it’s part of Aetna’s Health Benefits division. Peek at their work at bswift.com.
Is First Health owned by Aetna?
Yes, First Health is a subsidiary of Aetna, serving as a national PPO network provider.
First Health Group Corp. runs under the Aetna umbrella, giving members access to a preferred provider organization (PPO) network. Employers and insurers rely on this network heavily. Double-check the details at aetna.com.
What is Aetna called now?
Aetna continues to operate under its original name, though it is now a CVS Health company.
Don’t expect to see “Aetna” disappear anytime soon. Some regional branches might sprinkle in “Aetna CVS Health” in their communications, but the core brand stays put for members. For the freshest branding notes, aetna.com has you covered.
Is CVS part of Aetna?
No, CVS Health is the parent company of Aetna—not the other way around.
CVS made the big move in 2018, buying Aetna outright. Now, Aetna’s the subsidiary. CVS itself runs retail pharmacies, MinuteClinics, and Caremark pharmacy benefits. Dive deeper at cvs.com.
Who is CVS owned by?
CVS Health is an independent, publicly traded company—it is not owned by another corporation.
This isn’t some secret subsidiary. CVS Health has been a public company since 1963, trading under its own ticker. Headquarters? Woonsocket, Rhode Island. It owns Aetna and Caremark outright. More info at cvshealth.com.
Is Aetna Better Than Anthem?
Whether Aetna is better than Anthem depends on your plan, location, and health needs—both insurers are financially strong and widely available.
| Comparison | Market Share | Financial Strength |
| Aetna | 4.53% | Excellent |
| Anthem | 6.3% | Excellent |
Here’s the thing: market share and financial ratings don’t tell the whole story. Compare plan costs, which doctors are in-network near you, and customer service reviews in your area. Both insurers sell Medicare, employer, and individual plans. Start your comparison at Aetna and Anthem.
Which is better PPO or HMO?
PPO plans offer more flexibility in choosing doctors and hospitals but typically cost more than HMO plans.
With a PPO, you can see specialists without referrals and get partial coverage for out-of-network care. HMOs usually charge lower premiums and require you to stick to in-network providers, often needing referrals to see specialists. Pick what fits your wallet and how picky you are about your doctors. The healthcare.gov folks have a handy breakdown.
When did Aetna buy bswift?
Aetna acquired bswift in 2014 to improve digital enrollment and benefits management.
Back then, Mark Bertolini was Aetna’s CEO, and the company was pushing hard into digital tools. Bswift’s tech still powers a lot of Aetna’s employer and exchange solutions today. Want the backstory? bswift.com has the scoop.
Edited and fact-checked by the FixAnswer editorial team.