Aetna, insurers pledge $50M to Hartford over next 5 years

Mark Bertolini, CEO of Hartford, Conn.-based Aetna, and two other insurance executives will donate $50 million over the next five years to Connecticut’s capital, announcing the move in a Hartford Courant op-ed.

Advertisement

Mr. Bertolini, Christopher Swift, CEO of insurer The Hartford, and Alan Schnitzer, CEO of insurer Travelers, said they are “committed to making the city healthy again and are vested in its success.”

The executives said they would allocate the funds toward “community institutions” such as the city’s public library, law enforcement and recreational areas, according to the op-ed. 

Aetna’s commitment to Hartford comes after reports surfaced earlier this year the insurer was considering moving its headquarters to Boston.  

More articles on payer issues:
5 most-read payer issues stories: Week of Feb. 27-March 3
Harvard Pilgrim Health Care’s operating loss swells to $91.3M
4 Oregon insurers face up to $250k fines for alleged mental healthcare violations

Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit

Advertisement

Next Up in Capital

Advertisement

Comments are closed.