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Coventry Health Care, Inc. was a health insurer in the United States. It had 3.7 million medical members, 1.5 million Medicare Part D members, and 900,000 Medicaid members. [ 2 ] In May 2013, the company was acquired by Aetna for $5.7 billion.
In 2006, the company name was changed to Compass Rose Benefits Group (CRBG) and eligibility was extended to include all employees of the Intelligence Community (IC). In 2007, Coventry Health Care became the health plan underwriter. In 2008, CRBG extended eligibility to include civilian employees and retirees of the Department of Defense (DoD).
Bennetts was founded by Frederick J Bennett in 1930 in Coventry. Trading as F.J. Bennett and Sons, they initially provided general insurance services for customers in the West Midlands. By the early 1980s, trading as G.F. Bennett and Co and managed by Frederick's son Gordon, the company focussed on providing motorcycle insurance. [2]
J. Patrick Rooney, chairman, president, and chief executive officer of Golden Rule Insurance Company until his retirement in 1996 [26] John Rowe, chief executive officer of Aetna from 2000 to 2006 [27] V. J. Skutt, president and chief executive officer of Mutual of Omaha until 1984, [28] later named chairman emeritus [29]
Aetna Inc. (/ ˈ ɛ t n ə / ET-nə) is an American managed health care company that sells traditional and consumer directed health care insurance and related services, such as medical, pharmaceutical, dental, behavioral health, long-term care, and disability plans, primarily through employer-paid (fully or partly) insurance and benefit programs, and through Medicare.
At the end of 2024, the state's insurance commissioner enacted a measure aimed at expanding coverage in wildfire-afflicted areas after many companies scaled back following other devastating blazes.
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