ASSIGNMENT 1

STRATEGIC MANAGEMENT

NAME NISHANTHI.S

DEPARTMENT MBA

YEAR 2nd year

SEMESTER 3rd semester

ORGANIZATION NAME AETNA INC

TOPIC MISSION, VISION, ORGANIZATION STRUCTURE

DATE 7.8.2017
 AETNA INC

Aetna Inc:

is an American managed health care company, which sells traditional and consumer
directed health care insurance plans and related services, such as medical, pharmaceutical,
dental, behavioral health, long-term care, and disability plans. Aetna is a member of the Fortune
100.

In June 2017, the company announced they would be moving their headquarters to New York
City in late 2018

MISSION AND VISION:

“Our mission is to promote wellness, health, and access to high-quality health care for everyone,
while supporting the communities we serve.”

The challenges to human health are significant and growing. We believe that strong, concerted
action is the only way to get us back on a healthier path. That’s why the Aetna Foundation works
with community organizations, national and select international partners to change lives by
encouraging healthy lifestyles, enhancing health care equity, and putting innovation to work to
improve health among the underserved.

The Foundation’s efforts are noted for their…

 Impact. We collaborate on programs with the potential to affect large populations and look to
develop models that can be replicated nationally.
 Innovation. We are constantly pioneering and look for partners who are doing the same,
particularly in the areas of technology and science.
 Inclusion. Our community grants engage people where they live, particularly in
neighborhoods that have limited access to the tools, resources and information to improve
health.
 Inspiration. We bring together the sharpest minds in science and health care to discuss issues,
and shape policies and initiatives that can address root causes of poor health and chronic
disease.
ORGANIZATION STRUCTURE:

MEMBERS

Aetna offers health care, dental, pharmacy, group life, disability, and long-term care insurance
and employee benefits, primarily through employer-paid (fully or partly) insurance and benefit
programs, and through Medicare. Membership numbers: (as of September 30, 2016)

 23.1 million—medical members

 14.3 million—dental members
 15.3 million—pharmacy benefit management services members
 13.609 million—group insurance members
 ~1,200,000 — health-care professionals
 695,971+ — primary-care doctors and specialists
 5,712 — hospitals

OWNERSHIP:

 As of 2017 Aetna shares are mainly held by institutional investors (BlackRock , The
Vanguard Group, State Street Corporation, T. Rowe Price, Capital Group Companies and
others).

CURRENT LEADERSHIP:

 Mark Bertolini became CEO of Aetna on November 29, 2010, and chairman on April 8,
2011.
 Karen S. Lynch (Rohan) is the President of Aetna.
 Steven B. Kelmar is Executive Vice President of Corporate Affairs and Chief of Staff to the
CEO and Chairman, Mark Bertolini.
 Thomas Sabatino is Executive Vice President and General Counsel.
 Richard di Benedetto is Executive Vice President in charge of Aetna International.
 Deanna Fidleris Executive Vice President in charge of Human Resources.
 Shawn M. Guertin is Executive Vice President, CFO and Chief Enterprise Risk Officer.
 Meg McCarthy is Executive Vice President of Operations and Technology.
 Harold L. Paz, M.D.,M.S. is Executive Vice President and Chief Medical Officer.
 Fran S. Soistman is Executive Vice President in charge of Government Services
 Joseph M. Zubretsky is Senior Executive Vice President in charge of Healthagen.
 ASSIGNMENT 1

SALES AND DISTRIBUTION MANAGEMENT

NAME NISHANTHI.S

DEPARTMENT MBA

YEAR 2nd year

SEMESTER 3rd semester

TOPIC CASE STUDY

DATE 7.8.2017