Health insurer Aetna has announced plans to acquire Chicago-based Bswift, an online private exchange provider, for $400 million, according to a Crain's Chicago Business report.
Bswift provides the technology for benefit administration and purchasing insurance on private exchanges.
"Aetna will help expand the reach of our technology and benefits services with a goal of creating a true consumer marketplace for healthcare," said Rich Gallun, CEO of Bswift.
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