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February 06, 2012
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Disability News

 

Aetna Completes Acquisition of Broadspire Disability Business


HARTFORD, Conn., April 3, 2006 — Aetna (NYSE: ?ET) today announced that it has completed its acquisition of the disability and leave management business of Broadspire, a leading provider of disability and casualty claim management services. Aetna announced on February 27 its agreement to acquire Broadspire’s disability business for approximately $160 million. The transaction was financed from available cash. Broadspire also operates a workers’ compensation and casualty administration business, which is not part of this transaction.

"We have received a very positive response from the marketplace on this acquisition," said James K. Foreman, executive vice president and head of Aetna’s National Businesses, which includes Aetna’s disability business. "We believe the full-administration service, technology and absence management capabilities we acquired, when combined with Aetna’s health care and clinical management expertise in disability event management, will allow us to offer our customers enhanced products and services to optimize health and productivity."

Aetna is one of the nation’s leading diversified health care benefits companies, serving approximately 27.9 million unique members with information and resources to help them make better informed decisions about their health care. Aetna offers a broad range of traditional and consumer-directed health insurance products and related services, including medical, pharmacy, dental, behavioral health, group life, long-term care and disability plans, and medical management capabilities. Our customers include employer groups, individuals, college students, part-time and hourly workers, health plans and government-sponsored plans. www.aetna.com

Please contact us if you or any qualified individual with a disability you know in Montana has been discriminated against. Do not let anyone get away with violating the ADA.

 

 
Did You Know?    
 
 
Disability Insurance Benefits is a coverage provided by the government
If your Disability Insurance Benefits claim is approved, the monthly payment you will receive is set by your earnings (and Social Security tax payments) during your working career. There is no minimum rate. A person must prove that he or she became disabled while disability insurance coverage was in force or you are not entitled to Disability Insurance Benefits

 


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Latest news about Disability cases in Montana and nationwide:

Dramatic Decline in Disability Continues for Older Americans
Dramatic Decline in Disability Continues for Older Americans

Disability among older Americans is declining dramatically --...

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HHS Awards Additional $9 Million to Help States Develop Aging and Disability Resource Centers
HHS Secretary Tommy G. Thompson today announced 12 grants totaling nearly $9 million to support state efforts to create "one stop" centers to help ...
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Disability Attorneys.com Terms

 


Today's Terms

Outcome Payment System

Definition:
The system providing a payments under the Ticket to Work program to an employment network for each month, up to a total of 60 months, during which Social Security disability benefits and Federal SSI cash benefits are not payable to a beneficiary because of the performance of substantial gainful activity (SGA) or by reason of earnings from work.

DHO

Definition:
Disability Hearing Officer. Conducts in person hearings. Next appeal is to a federal Administrative Law Judge (ALJ).

Deeming

Definition:
The process by which the income and resources of an ineligible individual are considered to be available to a recipient when determining eligibility or payment amount.

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Disability Resources

 


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Disability Hot Topics

 
Topics Related to Disability:

  • Spinal Cord Injuries
  • Broken or Severed Limbs
  • Vision Injuries
  • Access to Public Accommodations

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Montana Disability Attorney

 
If you live in the following cities and need an Disability attorney you should contact our Disability Attorney as soon as possible:

  • Belgrade
  • Billings
  • Bozeman
  • Butte
  • Columbia Falls
  • Great Falls
  • Hamilton
  • Havre
  • Helena
  • Kalispell
  • Laurel
  • Libby
  • Livingston
  • Miles City
  • Missoula
  • Polson
  • Whitefish
 


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