CVS Health reported record revenue for 2025 and reaffirmed its earnings outlook for the coming year, but continuing cost pressures at its Aetna insurance business weighed on quarterly profitability and underscored the challenges faced by the company’s health benefits segment.
CVS Health plans to lay off more than 300 additional workers at Hartford health insurer Aetna, including 17 in Connecticut, by the end of July, raising the total number of layoffs in the past two years to more than 1,000 workers.
Negotiations between UConn Health and Aetna Inc. on a new multiyear contract appear to have reached an impasse just 10 days before the existing contract is set to expire.
Connecticut providers file 20 federal lawsuits against Aetna, Anthem, Cigna and UnitedHealthcare over $20M+ in unpaid arbitration awards under No Surprises Act.