Aetna

<h3></h3><div>=<a href="https://www.accountable.us/wp-content/uploads/2021/08/2021-08-11-American-Action-Network-Corporate-Contributions.pdf" style="text-decoration-line: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">https://www.accountable.us/wp-content/uploads/2021/08/2021-08-11-American-Action-Network-Corporate-Contributions.pdf</a>
American Action Network Has Been Funded By CorporateContributions Such As PhRMASUMMARY: American Action Network “has been one of the most prominent nonprofits for funneling darkmoney.” While it is likewise unclear exactly who funds AAN, it is clear that AAN receives a significant amountof money from special interests.• Between 2009 and 2017, AAN received $12 million from Pharmaceutical Research & Manufacturers ofAmerica (PhRMA), the top lobbying group for the pharmaceutical industry.• Over the same timeframe, AAN received $3.3 million from the health insurer Aetna.• In 2017 alone, AAN also received a combined $6.8 million between contributions from BusinessRoundtable and the Retail Industry Leaders Association. AAN has also received considerable fundingfrom oil and gas industry groups such as American Natural Gas Alliance and American PetroleumInstitute, receiving hundreds of thousands of dollars from 2010-2012 alone.• PhRMA was reported to have contributed $4.5 million to AAN in 2019, making it their top politicalrecipient.• AAN has yet to release info on their 2020 spending to the FEC.American Action Network Received Millions Of Dollars From SpecialInterestsAmerican Action Network Has Not Revealed Its Contributions For The 2020 CycleAmerican Action Network Did Not Disclose Its 2020 Spending To The FEC. “AAN, a 501(c)(4) nonprofitaligned with Republican House leadership that does not disclose its donors, did not disclose any of itsspending to the FEC during the 2020 election cycle.” [Open Secrets, 5/13/21]Lack Of Disclosure Came As The Group Spent Over 49 Million Into Political Ads And Made $26 MillionIn Contributions To Super PAC Congressional Leadership Fund. “American Action Network, RepublicanHouse leadership’s 501(c)(4) nonprofit that has disclosed none of its donors or spending to the FEC, haspoured over $9 million into political advertising boosting GOP congressional candidates and more than $26million into political contributions to the Congressional Leadership Fund, House Republicans’ super PAC thatshared staff and resources with American Action Network.” [Open Secrets, 10/30/20]American Action Network Received Millions Of Dollars In Contributions FromPhRMA, Top Lobbying Group For Pharmaceutical Industry2019: PhRMA (Pharmaceutical Research And Manufacturers Of America) Contributed $4.5 Million ToAAN In 2019, Making IT PhRMA’s Top Political Contributionsp2
PhRMA Contributed $4.5 Million To AAN In 2019, Making It Their Top Political Recipient. “The AmericanAction Network is pouring millions of dollars into a TV, digital advertising and phone campaign attacking HouseDemocrats’ proposal to lower prescription drug costs. […] The Pharmaceutical Research and Manufacturersof America, the largest U.S. pharmaceutical trade association, gives millions of dollars to AAN annually anddonated $4.5 million in 2019 — PhRMA’s top political donation that year.” [Open Secrets, 5/13/21]2009-2017: AAN Received $12 Million In Contributions From Pharmaceutical Research &Manufacturers Of America2009 To 2017: AAN Received $12 Million In Contributions From Pharmaceutical Research &Manufacturers Of America. “AAN has never publicly disclosed who funds its operation but its tax filings and areport by the nonpartisan organization Issue One gives clues as to how it goes about raking in the cash. Thetax document shows that the nonprofit often uses a firm called LPC 25 to help raise funds. […] An Issue Oneinvestigation identified 23 donors that represent only 13% of its funding from 2009 to 2017, including $12million from the Pharmaceutical Research and Manufacturers of America, $4 million from the RepublicanJewish Coalition and $3.3 million from health insurer Aetna. A list of AAN donors constructed by MapLight, anonpartisan research organization that tracks the influence of money in politics, shows that in 2017 theBusiness Roundtable gave $6 million and the Retail Industry Leaders Association contributed $800,000.”[CNBC, 5/23/19]• Pharmaceutical Research & Manufacturers (PhRMA) Of America Were Top PharmaceuticalIndustry Lobbying Group. “In 2010, before the Affordable Care Act was passed by Congress, thepharmaceutical industry’s top lobbying group was a very public supporter of the measure. It evenhelped fund a multimillion-dollar TV ad campaign backing passage of the law. But last year, whenRepublicans mounted an aggressive effort to repeal and replace the law, the group made a point ofstaying outside the fray. ‘We’ve not taken a position,’ said Stephen Ubl, head of the organization, thePharmaceutical Research and Manufacturers of America, known as PhRMA, in a March 2017interview.” [Washington Post, 7/30/18]2016: American Action Network Received $6.1 Million From Pharmaceutical Research &Manufacturers Of America, AAN’s Single Biggest Grant That Year2016: PhRMA Contributed $6.1 Million To AAN. ““Urge him to repeal and replace the Affordable Care Actnow,” one ad running in early 2017 advised viewers to tell their congressman. That and similar material(including robocalls) paid for by the American Action Network ran numerous times last year in 75 congressionaldistricts. […] PhRMA was one of AAN’s biggest donors the previous year, giving it $6.1 million, federalregulatory filings show. And PhRMA had a substantial interest in the outcome of the repeal efforts. Amongother actions, the GOP-backed health bill would have eliminated a federal fee paid by pharmaceuticalcompanies, one estimated at $28 billion over a decade.” [Washington Post, 7/30/18]• Washington Post: “PhRMA’s $6.1 Million, Unrestricted Donation To AAN Was Its Single-biggestGrant In 2016, Dwarfing Its $130,000 Contribution To The Same Group The Year Before.”“PhRMA’s $6.1 million, unrestricted donation to AAN was its single-biggest grant in 2016, dwarfing its$130,000 contribution to the same group the year before. Closely associated with House Republicans— AAN has a former Republican senator and two former Republican House members on its board —the group backed the failed GOP health bill intended to replace the Affordable Care Act. It alsosupported the successful Tax Cuts and Jobs Act of 2017, which reduced corporate taxes by hundredsof billions of dollars over a decade.” [Washington Post, 7/30/18]2010-2014: American Action Network Received $6,200,000 In Contributions From PharmaceuticalResearch & Manufacturers Of America<div style="font-size: small; background-color: rgb(255, 255, 255);">
</div>p32010: Pharmaceutical Research & Manufacturers Of America Contributed $4.5 Million To AmericanAction Network. [Opensecrets, Accessed 3/11/21]2012: Pharmaceutical Research & Manufacturers Of America Contributed $1,575,000 To AmericanAction Network. [Opensecrets, Accessed 3/11/21]2014: Pharmaceutical Research & Manufacturers Of America Contributed $125,000 To American ActionNetwork. [Opensecrets, Accessed 3/11/21]2009-2017: AAN Received $3.3 Million From Health Insurer, Aetna2009 To 2017: AAN Received $3.3 Million In Contributions From Health Insurer, Aetna. “AAN has neverpublicly disclosed who funds its operation but its tax filings and a report by the nonpartisan organization IssueOne gives clues as to how it goes about raking in the cash. The tax document shows that the nonprofit oftenuses a firm called LPC 25 to help raise funds. […] An Issue One investigation identified 23 donors thatrepresent only 13% of its funding from 2009 to 2017, including $12 million from the Pharmaceutical Researchand Manufacturers of America, $4 million from the Republican Jewish Coalition and $3.3 million from healthinsurer Aetna. A list of AAN donors constructed by MapLight, a nonpartisan research organization that tracksthe influence of money in politics, shows that in 2017 the Business Roundtable gave $6 million and the RetailIndustry Leaders Association contributed $800,000.” [CNBC, 5/23/19]2010-2012: American Action Network Received $285,000 In Contributions From Oil And Gas IndustryOrganizations2010: American Natural Gas Alliance Contributed $35,000 To American Action Network. [Opensecrets,Accessed 3/11/21]2012: American Petroleum Institute Contributed $250,000 To American Action Network. [Opensecrets,Accessed 3/11/21]2017: AAN Received A Combined $6.8 Million From Business Roundtable And Retail IndustryLeaders Association2017: AAN Received $6 Million In Contributions From Business Roundtable. “AAN has never publiclydisclosed who funds its operation but its tax filings and a report by the nonpartisan organization Issue Onegives clues as to how it goes about raking in the cash. The tax document shows that the nonprofit often uses afirm called LPC 25 to help raise funds. […] An Issue One investigation identified 23 donors that represent only13% of its funding from 2009 to 2017, including $12 million from the Pharmaceutical Research andManufacturers of America, $4 million from the Republican Jewish Coalition and $3.3 million from health insurerAetna. A list of AAN donors constructed by MapLight, a nonpartisan research organization that tracks theinfluence of money in politics, shows that in 2017 the Business Roundtable gave $6 million and the RetailIndustry Leaders Association contributed $800,000.” [CNBC, 5/23/19]2017: AAN Received $800,000 In Contributions From Retail Industry Leaders Association. “AAN hasnever publicly disclosed who funds its operation but its tax filings and a report by the nonpartisan organizationIssue One gives clues as to how it goes about raking in the cash. The tax document shows that the nonprofitoften uses a firm called LPC 25 to help raise funds. […] An Issue One investigation identified 23 donors thatrepresent only 13% of its funding from 2009 to 2017, including $12 million from the Pharmaceutical Researchand Manufacturers of America, $4 million from the Republican Jewish Coalition and $3.3 million from healthinsurer Aetna. A list of AAN donors constructed by MapLight, a nonpartisan research organization that tracksthe influence of money in politics, shows that in 2017 the Business Roundtable gave $6 million and the RetailIndustry Leaders Association contributed $800,000.” [CNBC,...=</div><div>=</div><div><div><a href="https://news.littlesis.org/2019/05/29/these-are-the-millionaire-ceos-whose-corporations-fund-politicians-banning-abortions">https://news.littlesis.org/2019/05/29/these-are-the-millionaire-ceos-whose-corporations-fund-politicians-banning-abortions</a></div><div>
</div><div><a href="https://popular.info/p/these-six-corporations-are-financing" style="box-sizing: border-box; background-color: transparent;">Popular Information</a> recently published an important article naming six major corporations that made substantial donations to the political leadership in the states that recently passed extreme abortions bans: Alabama, Georgia, Kentucky, Mississippi, Missouri, and Ohio.The six corporations are: AT&T, Coca-Cola, Aetna, Walmart, Pfizer, and Eli Lilly. 2018, AT&T CEO Randall Stephenson made over<a href="https://www.sec.gov/Archives/edgar/data/732717/000119312519070797/d679803ddef14a.htm" style="background-color: rgb(255, 255, 255); box-sizing: border-box; text-decoration-line: none;"> $29 million</a> in his role. Coca Cola CEO James Quincey received<a href="https://www.sec.gov/Archives/edgar/data/21344/000120677419000735/ko3422831-def14a.htm#compensation" style="background-color: rgb(255, 255, 255); box-sizing: border-box; text-decoration-line: none;"> $16.7 million</a> between base compensation and bonuses. Aetna is now owned by CVS Health Corporation. CVS CEO Larry J. Merlo made <a href="https://www.sec.gov/Archives/edgar/data/64803/000120677419001240/cvs3508731-def14a.htm#ceopayratio75" style="box-sizing: border-box; text-decoration-line: none;">$22 million</a> in 2018. CEO of Walmart, Doug McMillon made nearly<a href="https://www.sec.gov/Archives/edgar/data/104169/000120677419001406/wmt3482341-def14a.htm" style="box-sizing: border-box; text-decoration-line: none;"> $24 million</a> in base and incentive pay in 2018. Ian Read made<a href="https://www.sec.gov/Archives/edgar/data/78003/000093041319000953/c93082_def14a.htm" style="box-sizing: border-box; text-decoration-line: none;"> $19.5 million</a> as the head of Pfizer. Read left his role in January, but incoming CEO Albert Bourla will likely be on the same pay scale. Eli Lilly is headed by David Ricks. Ricks took in<a href="https://www.sec.gov/Archives/edgar/data/59478/000005947819000146/proxy2019_def14a.htm" style="box-sizing: border-box; text-decoration-line: none;"> $17.2 million</a> in base, stock, and incentive pay in 2018.In an indication that corporations may be starting to feel public pressure to distance themselves from doing business with states that have passed anti-abortion legislation, Netflix <a href="https://www.nytimes.com/2019/05/28/movies/netflix-abortion-law-georgia-movies.html" style="box-sizing: border-box; text-decoration-line: none; background-color: transparent;">announced</a> that it is considering pulling out of Georgia, where it films some of its hit shows. But as Judd Legum from Popular Information notes, Netflix CEO Reed Hastings has <a href="https://twitter.com/JuddLegum/status/1133715808125894656" style="box-sizing: border-box; text-decoration-line: none; background-color: transparent;">given big</a> to state legislators who have pushed abortion bans.Whether it’s Netflix or the six companies discussed above, it is critical to know who leads the corporations whose donations keep anti-abortion politicians in office where they can push their reactionary agendas.</div><div></div></div><div>==</div>http://www.sourcewatch.org/index.php/AetnaAetna Inc. is a U.S. health insurance company founded in 1853 in Hartford, Connecticut.<a href="http://www.sourcewatch.org/index.php/Aetna#cite_note-0">[1]</a> Aetna covers over 18 million people with its health plans, 13 million with dental plans, and 8 million with pharmacy plans.<a href="http://www.sourcewatch.org/index.php/Aetna#cite_note-1">[2]</a>

It offers traditional health insurance as well as HMOs, PPOs,

point-of-service (POS), and health savings accounts. It also has vision,

behavioral health, and <a href="http://www.sourcewatch.org/index.php/Medicare" title="Medicare">Medicare</a> related plans. Aetna's top competitors are <a href="http://www.sourcewatch.org/index.php/Blue_Cross" title="Blue Cross" class="mw-redirect">Blue Cross</a>, <a href="http://www.sourcewatch.org/index.php/CIGNA" title="CIGNA">CIGNA</a>, and <a href="http://www.sourcewatch.org/index.php/UnitedHealth_Group" title="UnitedHealth Group">UnitedHealth Group</a>.

In 2011, the company reported $ 33,779,800,000 in revenues.<a href="http://www.sourcewatch.org/index.php/Aetna#cite_note-2">[3]</a>

<h2> Ties to Pete Peterson's "Fix the Debt"</h2>

The <a href="http://www.sourcewatch.org/index.php/Portal:Fix_the_Debt" title="Portal:Fix the Debt">Campaign to Fix the Debt</a> is the latest incarnation of a decades-long effort by former Nixon man turned Wall Street billionaire <a href="http://www.sourcewatch.org/index.php/Pete_Peterson" title="Pete Peterson" class="mw-redirect">Pete Peterson</a> to slash earned benefit programs such as <a href="http://www.sourcewatch.org/index.php/Social_Security" title="Social Security" class="mw-redirect">Social Security</a> and <a href="http://www.sourcewatch.org/index.php/Medicare" title="Medicare">Medicare</a> under the guise of fixing the nation's "debt problem."

This article is part of the Center for Media and Democracy's investigation of Pete Peterson's Campaign to "Fix the Debt." Please visit our main SourceWatch page on <a href="http://www.sourcewatch.org/index.php/Portal:Fix_the_Debt" title="Portal:Fix the Debt">Fix the Debt</a>.

<table style="vertical-align:top; background-color:#FFFFFF; border:1px solid #D8D8CD;"><tbody><tr><th style="background:#DE150D; font-size:140%; font-weight:bold; border:1px solid #AA3015; text-align:left; color:#ffffff; padding:0.2em 0.4em;">About Fix the Debt</th></tr><tr><td style="color:#000000;">

<div style="padding:2px 5px; font-size:100%;">The <a href="http://www.sourcewatch.org/index.php/Portal:Fix_the_Debt" title="Portal:Fix the Debt">Campaign to Fix the Debt</a>

is the latest incarnation of a decades-long effort by former Nixon man

turned Wall Street billionaire Pete Peterson to slash earned benefit

programs such as Social Security and Medicare under the guise of fixing

the nation's "debt problem." Through a special report and new

interactive wiki resource, the Center for Media and Democracy -- in

partnership with the Nation magazine -- exposes the funding, the

leaders, the partner groups, and the phony state "chapters" of this

astroturf supergroup. Learn more at <a href="http://www.sourcewatch.org/index.php/Portal:Fix_the_Debt" title="Portal:Fix the Debt">PetersonPyramid.org</a> and in the <a rel="nofollow" class="external text" href="http://www.thenation.com/issue/march-11-18-2013">Nation magazine</a>.</div>

</td></tr></tbody></table>

<h2> Personnel</h2>

<h3> Executives</h3>

<table border="0"><tbody><tr><td style="vertical-align: top;">Key executives and 2011 pay: <a href="http://www.sourcewatch.org/index.php/Aetna#cite_note-3">[4]</a></td><td>  </td><td>  </td><td>  </td><td style="text-align: right;">Options

exercised</td></tr><tr><td><a href="http://www.sourcewatch.org/index.php?title=Mark_T.Bertolini&action=edit&redlink=1" class="new" title="Mark T. Bertolini (page does not exist)">Mark T. Bertolini</a>, Chairman and Chief Executive Officer</td><td>  </td><td style="text-align: right;">$3,250,000</td><td>  </td><td style="text-align: right;">$6,490,000</td></tr><tr><td><a href="http://www.sourcewatch.org/index.php?title=Joseph_M.Zubretsky&action=edit&redlink=1" class="new" title="Joseph M. Zubretsky (page does not exist)">Joseph M. Zubretsky</a>, Chief Financial Officer</td><td>  </td><td style="text-align: right;">$2,260,000</td><td>  </td><td style="text-align: right;">$0</td></tr><tr><td><a href="http://www.sourcewatch.org/index.php?title=Margaret_M.McCarthy&action=edit&redlink=1" class="new" title="Margaret M. McCarthy (page does not exist)">Margaret M. McCarthy</a>, Executive VP of Operations</td><td>  </td><td style="text-align: right;">$1,720,000</td><td>  </td><td style="text-align: right;">$487,000</td></tr><tr><td><a href="http://www.sourcewatch.org/index.php?title=William_J.Casazza&action=edit&redlink=1" class="new" title="William J. Casazza (page does not exist)">William J. Casazza</a>, Senior VP and General Counsel</td><td>  </td><td style="text-align: right;">$1,210,000</td><td>  </td><td style="text-align: right;">$843,000</td></tr><tr><td><a href="http://www.sourcewatch.org/index.php?title=Lonny_Reisman_M.D.&action=edit&redlink=1" class="new" title="Lonny Reisman M.D. (page does not exist)">Lonny Reisman M.D.</a>, Chief Medical Officer</td><td>  </td><td style="text-align: right;">$1,470,000</td><td>  </td><td style="text-align: right;">$1,260,000</td></tr></tbody></table>

<h3> Board of Directors</h3>

As of January 2013<a href="http://www.sourcewatch.org/index.php/Aetna#cite_note-4">[5]</a>

<ul><li>Fernando Aguirre, Former Chairman, President and Chief Executive Officer, <a href="http://www.sourcewatch.org/index.php/Chiquita_Brands_International,_Inc." title="Chiquita Brands International, Inc.">Chiquita Brands International, Inc.</a></li><li>Mark T. Bertolini Chairman, Chief Executive Officer and President, Aetna</li><li>Frank M. Clark, Former Chairman and Chief Executive Office, Commonwealth Edison Company</li><li>Betsy Z. Cohen, Chief Executive Officer, The Bancorp, Inc.</li><li>Molly J. Coye, M.D., Chief Innovation Officer, UCLA Health System</li><li>Roger N. Farah, President, Chief Operating Officer and Director, Ralph Lauren Corporation</li><li>Barbara Hackman Franklin, President and Chief Executive Officer, Barbara Franklin Enterprises, Former U.S. Secretary of Commerce</li><li>Jeffrey E. Garten, Juan Trippe Professor in the Practice of International Trade, Finance and Business, Yale University</li><li>Ellen M. Hancock, Former President of Jazz Technologies, Inc.,

Former Chairman and Chief Executive Officer of Exodus Communications,

Inc.</li><li>Richard J. Harrington, Chairman, The Cue Ball Group and Former President and Chief Executive Officer, The Thomson Corporation</li><li>Edward J. Ludwig, Former Chairman and Chief Executive Officer, Becton, Dickinson and Company</li><li>Joseph P. Newhouse, John D. MacArthur Professor of Health Policy and Management, Harvard University</li></ul>

<h2> Political contributions</h2>

Aetna gave $233,500 to federal candidates in the 2006 election through its <a href="http://www.sourcewatch.org/index.php/Political_action_committee" title="Political action committee">political action committee</a> - 28% to <a href="http://www.sourcewatch.org/index.php/Democrats" title="Democrats" class="mw-redirect">Democrats</a>, 68% to <a href="http://www.sourcewatch.org/index.php/Republican_Party_%28USA%29" title="Republican Party (USA)">Republicans</a>, and 4% to independent <a href="http://www.sourcewatch.org/index.php/Joseph_Lieberman" title="Joseph Lieberman">Joseph Lieberman</a> (I-CT). <a href="http://www.sourcewatch.org/index.php/Aetna#cite_note-5">[6]</a>

<h2> Lobbying</h2>

The company spent $1,219,469 for <a href="http://www.sourcewatch.org/index.php/Lobbying" title="Lobbying">lobbying</a> in the first half of 2007. $520,000 went to six <a href="http://www.sourcewatch.org/index.php/Lobbying_firms" title="Lobbying firms">lobbying firms</a> with the remainder being spent using in-house lobbyists. Some of the lobbying firms were <a href="http://www.sourcewatch.org/index.php/Ernst%26_Young" title="Ernst & Young">Ernst & Young</a>, <a href="http://www.sourcewatch.org/index.php/Jefferson_Government_Relations" title="Jefferson Government Relations">Jefferson Government Relations</a>, and <a href="http://www.sourcewatch.org/index.php/Akin,Gump,Strauss,Hauer_%26_Feld" title="Akin, Gump, Strauss, Hauer & Feld">Akin, Gump, Strauss, Hauer & Feld</a>. <a href="http://www.sourcewatch.org/index.php/Aetna#cite_note-6">[7]</a>

<h2> Contact details</h2>

Corporate Headquarters

151 Farmington Avenue

Hartford, CT 06156

Phone: 860-273-0123

Fax: 860-273-3971

Web: <a rel="nofollow" class="external free" href="http://www.aetna.com">http://www.aetna.com</a>

<h2> Articles and Resources</h2>

<h3> Featured SourceWatch Articles on Fix the Debt</h3>

<ul><li><a href="http://www.sourcewatch.org/index.php/Portal:Fix_the_Debt" title="Portal:Fix the Debt">Fix the Debt Portal Page</a>

<ul><li><a href="http://www.sourcewatch.org/index.php/Fix_the_Debt%27s_Leadership" title="Fix the Debt's Leadership">Fix the Debt's Leadership</a></li><li><a href="http://www.sourcewatch.org/index.php/Fix_the_Debt%27s_Partner_Groups" title="Fix the Debt's Partner Groups">Fix the Debt's Partner Groups</a></li><li><a href="http://www.sourcewatch.org/index.php/Fix_the_Debt%27s_State_Chapters" title="Fix the Debt's State Chapters">Fix the Debt's State Chapters</a></li><li><a href="http://www.sourcewatch.org/index.php/Fix_the_Debt%27s_Lobbyists" title="Fix the Debt's Lobbyists">Fix the Debt's Lobbyists</a></li><li><a href="http://www.sourcewatch.org/index.php/Committee_for_a_Responsible_Federal_Budget" title="Committee for a Responsible Federal Budget">Fix the Debt's Parent Group</a></li><li><a href="http://www.sourcewatch.org/index.php/Category:Fix_the_Debt_Corporations" title="Category:Fix the Debt Corporations">Fix the Debt's Corporations</a></li><li><a href="http://www.sourcewatch.org/index.php/Pete_Peterson" title="Pete Peterson" class="mw-redirect">Pete Peterson</a></li><li><a href="http://www.sourcewatch.org/index.php/Peter_G._Peterson_Foundation" title="Peter G. Peterson Foundation">Peter G. Peterson Foundation</a></li><li><a href="http://www.sourcewatch.org/index.php/America_Speaks" title="America Speaks">America Speaks</a></li><li><a href="http://www.sourcewatch.org/index.php/Simpson-Bowles_Commission" title="Simpson-Bowles Commission">Simpson-Bowles Commission</a></li><li><a href="http://www.sourcewatch.org/index.php/Erskine_Bowles" title="Erskine Bowles" class="mw-redirect">Erskine Bowles</a></li><li><a href="http://www.sourcewatch.org/index.php/Alan_Simpson" title="Alan Simpson" class="mw-redirect">Alan Simpson</a></li><li><a href="http://www.sourcewatch.org/index.php/Social_Security" title="Social Security" class="mw-redirect">Social Security</a></li><li><a href="http://www.sourcewatch.org/index.php/Medicare" title="Medicare">Medicare</a></li><li><a href="http://www.sourcewatch.org/index.php/Medicaid" title="Medicaid">Medicaid</a></li></ul>

</li></ul>

<h3> Related SourceWatch articles</h3>

<ul><li><a href="http://www.sourcewatch.org/index.php/Health_Care" title="Health Care">Health Care</a></li><li><a href="http://www.sourcewatch.org/index.php/Insurance_industry" title="Insurance industry">Insurance industry</a></li></ul>

<h3> References</h3>

<ol class="references"><li id="cite_note-0"><a href="http://www.sourcewatch.org/index.php/Aetna#cite_ref-0">↑</a> <a rel="nofollow" class="external text" href="http://www.aetna.com/about-aetna-insurance/aetna-corporate-profile/index.html">"Corporate Profile"</a>, organizational website, accessed January 2013</li><li id="cite_note-1"><a href="http://www.sourcewatch.org/index.php/Aetna#cite_ref-1">↑</a> <a rel="nofollow" class="external text" href="http://www.aetna.com/about-aetna-insurance/aetna-corporate-profile/facts.html">"Aetna Facts"</a>, organizational website, accessed January 2013</li><li id="cite_note-2"><a href="http://www.sourcewatch.org/index.php/Aetna#cite_ref-2">↑</a> Aetna, <a rel="nofollow" class="external text" href="http://www.aetna.com/2011annualreport/financial-highlights.html">"2011 Annual Report"</a>, organizational document.</li><li id="cite_note-3"><a href="http://www.sourcewatch.org/index.php/Aetna#cite_ref-3">↑</a> <a rel="nofollow" class="external text" href="http://finance.yahoo.com/q/pr?s=AET">Aetna Key Executives</a>, Yahoo Finance, accessed January 2013.</li><li id="cite_note-4"><a href="http://www.sourcewatch.org/index.php/Aetna#cite_ref-4">↑</a> <a rel="nofollow" class="external text" href="http://www.aetna.com/governance/board.html">Board of Directors</a>, organizational website, accessed January 2013</li><li id="cite_note-5"><a href="http://www.sourcewatch.org/index.php/Aetna#cite_ref-5">↑</a> <a rel="nofollow" class="external text" href="http://www.opensecrets.org/pacs/lookup2.asp?strid=C00181826&cycle=2006">2006 PAC Summary Data</a>, Open Secrets, accessed December 2007.</li><li id="cite_note-6"><a href="http://www.sourcewatch.org/index.php/Aetna#cite_ref-6">↑</a> <a rel="nofollow" class="external text" href="http://www.opensecrets.org/lobbyists/clientsum.asp?year=2007&txtname=Aetna+Inc">Aetna lobbying expenses</a>, Open Secrets, accessed December 2007.</li></ol>

    
        
    
    
            
    <div id="catlinks" class="catlinks"><div id="mw-normal-catlinks" class="mw-normal-catlinks"><a href="http://www.sourcewatch.org/index.php/Special:Categories" title="Special:Categories">Categories</a>: <ul><li><a href="http://www.sourcewatch.org/index.php/Category:Corporations" title="Category:Corporations">Corporations</a></li><li><a href="http://www.sourcewatch.org/index.php/Category:Health" title="Category:Health">Health</a></li><li><a href="http://www.sourcewatch.org/index.php/Category:Insurance_industry" title="Category:Insurance industry">Insurance industry</a></li><li><a href="http://www.sourcewatch.org/index.php/Category:United_States" title="Category:United States">United States</a></li><li><a href="http://www.sourcewatch.org/index.php/Category:Real_Economy_Project" title="Category:Real Economy Project">Real Economy Project</a></li><li><a href="http://www.sourcewatch.org/index.php/Category:Fix_the_Debt" title="Category:Fix the Debt">Fix the Debt</a></li><li><a href="http://www.sourcewatch.org/index.php/Category:Fix_the_Debt_Corporations" title="Category:Fix the Debt Corporations">Fix the Debt Corporations</a></li></ul></div></div><p>==<br /></p><h3>oops:</h3><p>Occasionally, the veil is lifted on the secrecy of these groups, sometimes inadvertantly.<br />Insurance giant&nbsp;<a href="http://www.opensecrets.org/orgs/summary.php?id=D000000296">Aetna</a>&nbsp;accidentally disclosed earlier this year to insurance regulators that it had contributed $3 million to the&nbsp;<a href="http://www.opensecrets.org/orgs/summary.php?id=D000060058">American Action Network</a>, a 501(c)(4) group that has spent $11 million targeting mostly Democratic candidates for Congress.</p><div><br />The company later scrubbed the disclosure from its filing and declined to elaborate on it despite&nbsp;<a href="http://www.opensecrets.org/news/2012/09/capital-eye-opener-september-4.html">demands from institutional shareholders</a>&nbsp;for an explanation.&nbsp;</div><div><br />Aetna

also has a corporate political action committee, which is funded by

employees and limited in what it can take in and spend. It has spent

$2.6 million in the last three cycles combined, a fraction of what is

spent by the PACs of other insurance giants. 
</div><h3>===</h3><h3>Slavery reparations lawsuit</h3>

In March 2002, FleetBoston - bought by BofA in 2004 - along with insurance company <a href="http://www.sourcewatch.org/index.php?title=Aetna" title="Aetna">Aetna</a> and railroad company <a href="http://www.sourcewatch.org/index.php?title=CSX_Transportation" title="CSX Transportation" class="mw-redirect">CSX Transportation</a> were named in a lawsuit filed in U.S. District Court in New York "seeking damages for abuses suffered by slaves and accusing the companies of profiting from slavery". FleetBoston traces its roots back to a bank started by John Brown, a notorious Rhode Island slave trader. <a href="http://www.sourcewatch.org/index.php?title=Bank_of_America_Corp.#cite_note-75" title="">[76]</a>

Aetna

Attachments