Aetna looks toward social programs for healthcare reform

Health insurer Aetna is investing research and grants into social projects in an effort to reform healthcare, according to U.S. News & World Report.

The Hartford, Conn.-based insurer is shifting its focus from the kind of healthcare people receive to how individuals live. The insurer's Aetna Foundation is sponsoring projects like increasing healthy food options and creating more walkable neighborhoods.

Aetna CEO Mark Bertolini said the Affordable Care Act's aim to improve health by expanding health insurance is flawed. "We need to spend money in a way that improves people's quality of life and reduces the cost over time," Mr. Bertolini told U.S. News & World Report.

Rather, Aetna looks toward investing in health initiatives that target diseases like cancer and obesity. One of Aetna's initiatives, its Healthiest Cities and Counties Challenge, grants $10,000 to 50 communities and organizations to implement projects toward improving health outcomes. 

More articles about payer issues:
Indianapolis insurer plans mass hiring
IU Health Plan drops out of ACA exchange
BCBS Illinois' parent to cut 70% of IT staff, move jobs offshore

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Top 40 articles from the past 6 months