Disability Info Center

Aetna

Disability Claim Cases Involving Aetna
Aetna Inc., (NYSE: AET) founded in 1850, is based in Hartford, Connecticut. Aetna is the direct descendant of Aetna Insurance Company, which issued its first life insurance policy in 1850. Aetna offers traditional and consumer-directed health insurance products and related services, including medical, pharmacy, dental, behavioral health, group life, long-term care, short term and long term disability plans and medical management capabilities.

In 1960, the company expanded outside the U.S., buying a Canadian company, Excelsior Life Insurance Company. In 1968, it bought a majority interest in Producer’s and Citizen’s Cooperative Assurance Company, of Sydney, Australia. In 1981, it bought a 40 percent interest in two Chilean companies. In 1998, Aetna bought NYL Care Health Plans for $1.05 billion, adding 2.2 million members. The next year, it bought Prudential HealthCare for $1 billion, making it the largest provider of health benefits in the U.S., with more than 21 million members. In 2000, Aetna sold its financial services and international businesses to ING for $7.7 billion, and focused its business as an independent health and group benefits company, which includes short and long-term disability plans.

In 2002, Aetna agreed to streamline communications, reduce administrative complexity, and improve the quality of the health care system, ending litigation between Aetna and 700,000 physicians and medical societies. The agreement also resulted in establishment of an independent foundation (Physicians’ Foundation for Health Systems Excellence) to focus on critical health care issues and a physicians’ advisory board. Around this time, Aetna also became a founding member of CAQH an alliance of health plans and trade associations that work to simplify healthcare administration. Aetna subsidiaries include Aetna Life, Aetna Health of California Inc., Aetna Life Insurance Company, and Aetna Dental of California Inc. Aetna is a member of the Fortune 100. Aetna’s 2008 revenue was $31 billion.

As disability insurance attorneys, Dell & Schaefer have represented numerous clients with their long-term disability claims against Aetna and its affiliated companies. Disability Attorneys Dell & Schaefer have provided and offer the following legal services for disability claimants that have a long-term disability insurance policy or disability income policy purchased from Aetna:

  • Application for long-term disability benefits with Aetna
  • Application for short-term disability benefits with Aetna
  • Monthly claim handling of Aetna long-term disability insurance claims
  • Appeal of a Aetna denial of long-term disability benefits
  • ERISA appeal of an Aetna denial of long-term disability benefits
  • Lawsuit against Aetna for denial of long-term disability benefits
  • Lump-sum buyout of an Aetna long-term disability insurance policy
  • Department of Insurance complaints against Aetna for wrongful delay and denial of long-term disability benefits
For assistance with your Aetna disability insurance claim, please fill out our contact us form or call Attorneys Dell & Schaefer for a free consultation at 800-682-8331.

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