AETNA TO BECOME MEMBER OF SWISS LIFE NETWORK
Source: Reuters, 11 July 2013 HEALTH insurer Aetna Inc said a planned partnership with Swiss Life Holding AG will enable Aetna to offer its international and domestic healthcare benefits to Swiss Life's multinational customers. The deal will take effect on September 1 and will make Aetna a US partner for Swiss Life's network, which includes 60 other insurers that operate in 70 countries. Aetna will offer Swiss Life's multinational customers a portfolio of insurance products and services to meet the needs of their US workforce, particularly expatriate health coverage for their American workers living and working abroad. In addition to healthcare benefits, the deal will offer Aetna's group term life insurance coverage as well as its short- and long-term disability coverage. The arrangement will also create a wider market for Aetna's short-term international health coverage for business travelers.