Aetna

“Aetna, it's Aetna that had told us I guess about five years ago that they started a program with our motivational interviewing. Ken, Dr. Resnick, how trained, 50 of their clinicians, and it was so good, we rolled it out for 1500 globally.”

“Aetna hired me after they started, ran into trouble to help them fix the company. They were losing a million dollars a day when I showed up in twenty-twenty-two and we had to fix that, and that took a, took us on a whole journey.”

“What we found is that the people in the highest quintile of stress spent 2500 dollars more a year on health care than the average employee. So we put everybody through these programs, we had them journal, and after 12 weeks, heart rate, variability, cortisol l…”

“Our healthcare costs went down. Not trend. The actual dollar cost went down seven and a half percent the next year.”

“I want to know who these people are. I want to know what their life's like, how much they make, and it was about 12 bucks an hour, and they were, 81% were women, 20% of the kids were on foods, the families were on food stamps, 25% of the kids were on Medicaid …”

“I was at the JP Morgan conference on January first, January second of 2015, and I announced it in front of 240 of our three hundred and forty million shares and said, we're going to do this. I didn't ask the board because they said, well, how did your board le…”

“Let's take all the soft benefits, presenteeism, better attitude at work, empathy for our members. Let's put all those on a page and let's discount them by 90%. And so when we did that, the group that we discounted by 90% added up to the exact same amount of sa…”

“Every 50 basis points change in that trend was nine hundred and eighty million dollars of margin.”

“So when I left out and I had three million shares of stock, I never touched them. And I didn't expect it to ever be at 208 dollars a share, because I took over, it was nine dollars a share.”

“And at Aetna, when I had 652% total shareholder return over eight years, and we, when we looked at the underlying, only a third of it related to earnings, and two thirds of it related to the price earnings multiple.”

“We created 2000 new millionaires when we sold the company at CVS.”

“All of the major employer sponsored health plans Blue Cross, United, Cigna, Aetna, they were all founded before the internet and there has been no new companies formed in decades.”

“CVS spent, like, huge amounts of money to buy Aetna, and to buy Caremark. So, buy an insurance company, buy a pharmacy pharmacy benefits manager, and basically, take, take a vertical approach to what was obviously going to be a consolidating industry. Those de…”

“I closed Aetna when we were at Echosign and we did a press release with Aetna or convinced them to do a press release with us. Around how much paper they were saving by going green and doing electronic signature. And it was, you know, millions of pieces of pap…”

“This mass consolidation we're seeing across American healthcare, where you're seeing insurers aligned to pharmacy benefit managers and even pharmacies. So if you look at like CVS, right, it's like CVS, CVS Caremark is their PBM. You know, and now Aetna. So you…”

“Mark Bertolini, the CEO of Aetna, introduced a plan for Aetna employees that asks them if they want to opt in to track their sleep, and if they get Seven hours or more. They're given 300 dollars.”

“Well, I was the number one salesman in my class of 65 people, but I was then given my raise. The raise was 600 dollars, and then I found out the lowest raise was 300 dollars.”

“Humana, Aetna, Cigna, United Healthcare are out of the market.”