Aetna in November 2017 sold its group life and disability insurance and absence management business to The Hartford for $1.45bn. Life and disability was the only non-health insurance related part of the business remaining after Aetna cut its property casualty insurance business in the mid-1990s. It only brought in about $2bn in premiums in 2016, while Aetna recorded $63.1bn in total revenue, and healthcare premium revenues reached $54.1bn. The

The announcement that CVS plans to acquire Aetna for US$69 billion raises hope and concerns. The transaction would create a new health care giant. Aetna is the third-largest health insurer in the United States, insuring about 46.7 million people.