Company Details

  AETNA LIFE INSURANCE COMPANY License Status :
Active

NAIC Number :

60054


Phone Number:

8602731530


Company Address:

PO Box 818048 
Cleveland, OH  44181-8048

Description:

Discount Medical License


License Number:

DM423459


Date Admitted:

2009-02-06


Market Share

Link to Supplemental Data Page

Year Line Market Share Direct Premium Written Direct Premium Earned Direct Losses Paid Direct Losses Incurred Loss Ratio
2022 Total Accident & Health 0.62% $415,241,638 $381,453,651 $334,789,003 $337,489,172 88.47 %
2022 Total Individual Accident & Health 0.26% $55,652,317 $40,209,687 $33,649,829 $33,131,535 82.40 %
2022 Individual Comprehensive Medical Expense 0.03% $2,251,369 $384,289 $3,771,612 $3,290,963 N/A
2022 Individual Medicare Advantage 0.63% $53,400,948 $39,825,398 $29,878,217 $29,840,572 74.93 %
2022 Total Group Accident & Health 0.80% $359,589,321 $341,243,964 $301,139,174 $304,357,637 89.19 %
2022 Group Comprehensive Medical Expense - Small Employer 0.02% $1,201,569 $1,201,873 $288,752 $398,139 33.13 %
2022 Group Comprehensive Medical Expense - Large Employer 1.09% $188,406,799 $187,979,389 $182,360,927 $184,530,646 98.17 %
2022 Group Comprehensive Medical Expense - Federal Employees 0.53% $33,662,657 $33,261,365 $22,089,784 $21,928,599 65.93 %
2022 Group Medicare Supplement 0.00% $59,750 $60,057 $40,164 $40,716 67.80 %
2022 Group Long Term Care 0.19% $235,074 $235,192 $381,392 $1,300,088 N/A
2022 Group Accident Only 0.00% $0 $0 $583 $-3,039 N/A
2022 Group Disability Income 0.00% $0 $0 $2,718,167 $1,895,942 N/A
2022 Group Dental 1.04% $14,703,067 $14,456,546 $11,581,301 $11,721,490 81.08 %
2022 Group Stop Loss 1.31% $53,355,562 $53,362,800 $43,651,283 $44,566,146 83.52 %
2022 Group Medicare Advantage 1.84% $67,964,843 $50,686,742 $38,026,821 $37,978,910 74.93 %
2022 Total Life 0.03% $11,247,178 $0 $6,066,624 $0 N/A
2022 Total Individual Life 0.00% $526,183 $0 $1,053,111 $0 N/A
2022 Individual Whole Life 0.03% $526,183 $0 $1,053,111 $0 N/A
2022 Total Group Life 0.07% $10,720,995 $0 $5,013,513 $0 N/A
2022 Group Term Life 0.00% $70,330 $0 $295,753 $0 N/A
2022 Group Ordinary Annuities 0.00% $-42,801 $0 $4,717,760 $0 N/A
2022 Group Deposit-Type Funds 1.15% $10,693,466 $0 $0 $0 N/A
2021 Total Accident & Health 0.51% $400,933,239 $402,252,997 $370,698,182 $373,250,268 92.79 %
2021 Total Individual Accident & Health 0.50% $120,018,152 $121,540,334 $98,629,646 $98,624,563 81.15 %
2021 Individual Comprehensive Medical Expense 0.00% $0 $0 $48,351 $48,672 N/A
2021 Individual Medicare Supplement 0.00% $58,285 $58,306 $49,877 $45,552 78.13 %
2021 Individual Medicare Advantage 1.28% $119,959,867 $121,482,028 $98,531,418 $98,530,339 81.11 %
2021 Total Group Accident & Health 0.51% $280,915,087 $280,712,663 $272,068,536 $274,625,705 97.83 %
2021 Group Comprehensive Medical Expense - Small Employer 0.02% $1,675,422 $1,675,422 $665,725 $1,013,112 60.47 %
2021 Group Comprehensive Medical Expense - Large Employer 0.86% $187,383,046 $187,345,639 $196,738,639 $199,563,163 N/A
2021 Group Comprehensive Medical Expense - Federal Employees 0.33% $29,797,822 $29,617,974 $18,546,380 $18,663,475 63.01 %
2021 Group Long Term Care 0.22% $259,270 $252,022 $373,554 $505,683 N/A
2021 Group Accident Only 0.00% $0 $0 $531 $-6,272 N/A
2021 Group Disability Income 0.00% $0 $0 $3,963,199 $2,376,562 N/A
2021 Group Dental 0.90% $13,747,307 $13,773,685 $11,745,322 $11,748,231 85.29 %
2021 Group Stop Loss 1.30% $48,052,220 $48,047,921 $40,035,186 $40,761,751 84.84 %
2021 Total Life 0.03% $9,712,416 $0 $6,409,362 $0 N/A
2021 Total Individual Life 0.00% $400,274 $0 $748,040 $0 N/A
2021 Individual Whole Life 0.02% $400,274 $0 $748,040 $0 N/A
2021 Total Group Life 0.07% $9,312,142 $0 $5,661,322 $0 N/A
2021 Group Term Life 0.00% $71,490 $0 $425,008 $0 N/A
2021 Group Ordinary Annuities 0.00% $-111,243 $0 $5,236,314 $0 N/A
2021 Group Deposit-Type Funds 1.01% $9,351,895 $0 $0 $0 N/A

Enforcements

The department has not taken enforcement action against this company in the past three years.

Link to Enforcements Page


Complaint Index

Year Line Market Share Number of Complaints Complaint Index
2022 Life and Annuities 0.00% 2 5615
2022 Long-Term Care Insurance 0.10% 0 0
2022 Medicare Supplement Insurance 0.01% 0 0
2022 Health 2.66% 65 96
2021 Health 3.32% 61 64
2021 Life and Annuities 0.02% 1 548
2021 Long-Term Care Insurance 0.12% 0 0
2021 Medicare Supplement Insurance 0.01% 0 0


Company Changes

Effective Date: 12/31/2014

Comments: Effective 12/31/14 Chickering Claims Administrators Inc., merged with and into Aetna Life Insurance Company.


Market Conduct

Date: 05/15/2015

AetnaLifeInsuranceCompanyMC.pdf

Date: 12/30/2016

ALIC117.pdf

Date: 03/06/2024

ALIC324.pdf


Financial Exams

This company does not have any financial exams.