Tuesday, February 1, 2011

AEtna Insurance


On January 21 I posted a dated Aetna cancel.  I found an additional Aetna cancel in my collection yesterday. 

1899:  Aetna enters the field of health insurance. It wasn't until the turn of the century when larger insurance companies, with the statistical bases to set adequate pricing levels and the sales forces capable of spreading risk, enter the field, and health insurance becomes a part of the industry. In 1899 Aetna becomes one of the first stock insurance companies to enter the health insurance business. The new product was offered only to people holding or purchasing an Aetna life or accident policy, and was not intended to be anything more than a spur to the sales of the other two lines.

Aetna is a major lobbying force regarding the current health care debate. 

1 comment:

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