Sensing opportunity with aging Baby Boomers, Aetna (NYSE: AET) purchased a Medicare supplement business from Genworth Financial for $290 million, the the health insurance giant recently announced.

Aetna announced today that it has agreed to buy the Medicare supplement and related blocks of in-force business of Genworth Financial for $290 million. Genworth's business, conducted through ...

Source: A.M. Best Company, Inc. Aetna sees huge opportunity as the target demographic in this market -- baby boomers turning 65, said Cynthia Michener, a spokeswoman for Aetna (NYSE: AET). Currently, ...

Despite a provision in the Aetna Medicare Advantage contract that would allow the city to offer municipal retirees a supplemental health insurance plan, the city intends to move forward with ...

The city signed a Medicare Advantage contract with Aetna on Thursday that will eliminate supplemental health plans for retired city workers, bringing a yearslong battle involving the city, unions and ...

HARTFORD, Conn.--(BUSINESS WIRE)--Aetna (NYSE: AET) today announced that it has entered into an agreement with Genworth Financial, Inc. to acquire Genworth’s Medicare Supplement business and related ...